Rights::Voluntary
Issuer & Securities
Issuer/ Manager
SATS LTD.
Security
SATS LTD. - SG1I52882764 - S58
Announcement Details
Announcement Title
Propose Renounceable Underwritten Rights Issue
Date &Time of Broadcast
22-Feb-2023 11:55:41
Status
New
Corporate Action Reference
SG230222RHDIY43M
Submitted By (Co./ Ind. Name)
Low Siew Tian
Designation
Assistant Company Secretary
Underwritten
Yes
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Foreign Shareholder Eligibility
No
Attachment for Intent
Receipt of AIP.pdf
Launch of Rights Issue.pdf
Notice of Record Date.pdf
Press Release.pdf
Event Narrative
Narrative Type
Narrative Text
Additional Text
The Company proposes to undertake a renounceable underwritten rights issue of new ordinary shares in the capital of the Company to raise gross proceeds of approximately S$798.8 million.
Dates
Record Date and Time
02/03/2023 17:00:00
Ex Date
01/03/2023
Rights Details
Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
1,000
Rights Security Distribution Ratio- Rights Security
323
Option Exercise
Issue Price (Per Rights)
SGD 2.2
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1I52882764
SATS LTD.
Ordinary Share
1
1
Renounceable Conditions
Allow Over Subscription
Yes
Attachments
Receipt of AIP.pdf
Launch of Rights Issue.pdf
Notice of Record Date.pdf
Press Release.pdf
Total size =681K
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