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Tag Archives for " Keppel Land "

Keppel Land Rights Results

At the close of the Keppel Land Rights Issue, application for a total of 954,028,587 Rights Shares were received. This is approximately 146.96% of the total number of Rights Shares on offer. Valid acceptances came up to 636,950,142 Rights Shares, which was about 98.12% of total Rights Shares available. Excess application came up to 317,078,445 […]

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Keppel Land Rights Issue

Following Keppel Land’s earlier proposal of a Rights Issue, they have received in-principle approval from SGX for the listing and quotation of the Rights Shares on the Main Board of SGX-ST. Key dates are as follows: Last day of “cum-rights” trading of Keppel Land – 11 May 2009 First day of ex-rights trading for the […]

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Keppel Land Rights Issue Proposal

Keppel Land this morning announced a proposal for a renounceable rights issue to raise approximately $712.3 million. The offer entitlement will be nine Rights Shares for every ten existing ordinary shares held. Up to 653,462,397 new shares will be issued at a price of S$1.09.  Based on the closing price of S$1.88 on 23th April 2009, the […]

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Extended Settlement Contract on STI ETF

Tomorrow, SGX will launch an Extended Settlement (ES) contract on the streetTRACKS STI ETF. Just a recap, extended settlement contract is a new product launched by SGX two months ago. It allows one to take a long or short position on a stock for slightly more than a month without the need to put up […]

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