COSCO SHIPPING International (Singapore) updates deployment of rights-issue proceeds

SGX Filings

Sep 21

COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.

The fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.

Following this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://hk.tigershowtime.com/news/1110525976"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1110525976\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1110525976?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-21 18:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110525976","market":"sg","top_or_hot":-1,"title":"COSCO SHIPPING International (Singapore) updates deployment of rights-issue proceeds","media":"SGX Filings","content":"<p>COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.</p>\n<p>The fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.</p>\n<p>Following this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COSCO SHIPPING International (Singapore) updates deployment of rights-issue proceeds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOSCO SHIPPING International (Singapore) updates deployment of rights-issue proceeds\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2026-09-21 18:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.</p>\n<p>The fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.</p>\n<p>Following this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F83.SI","symbol_name":"中远海运国际（新加坡）有限公司","start_time":0,"source_url":"","article_id":"1110525976","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110525976","pubTimestamp":1789985260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"F83.SI":"中远海运国际（新加坡）有限公司"},"translate_title":"中远海运国际（新加坡）更新供股收益部署情况","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F83.SI":1},"content_text":"COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.\nThe fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.\nFollowing this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}