COSCO SHIPPING International (Singapore) reports progress on use of S$272.2 million rights-issue proceeds

SGX Filings

Jul 21

COSCO SHIPPING International (Singapore) Co., Ltd. on Jul, 21 2026 detailed how it has applied the 272.2 million Singapore dollars in net proceeds raised from its renounceable non-underwritten rights issue of 2.24 billion new shares.

As of the latest update, the company has deployed about 204.9 million Singapore dollars, leaving 67.3 million Singapore dollars unutilised. Approximately 55.0 million Singapore dollars has been allocated to partially fund the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II. A further 149.9 million Singapore dollars has been used to repay bank borrowings.

The remaining 67.3 million Singapore dollars will be applied in line with the purposes outlined in the offer information statement. The board said it will continue to provide periodic disclosures on the status of the funds in future financial results and annual reports.

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Approximately 55.0 million Singapore dollars has been allocated to partially fund the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II. A further 149.9 million Singapore dollars has been used to repay bank borrowings.</p>\n<p>The remaining 67.3 million Singapore dollars will be applied in line with the purposes outlined in the offer information statement. The board said it will continue to provide periodic disclosures on the status of the funds in future financial results and annual reports.</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) reports progress on use of S$272.2 million 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) reports progress on use of S$272.2 million 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\">2026-07-21 18:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>COSCO SHIPPING International (Singapore) Co., Ltd. on Jul, 21 2026 detailed how it has applied the 272.2 million Singapore dollars in net proceeds raised from its renounceable non-underwritten rights issue of 2.24 billion new shares.</p>\n<p>As of the latest update, the company has deployed about 204.9 million Singapore dollars, leaving 67.3 million Singapore dollars unutilised. Approximately 55.0 million Singapore dollars has been allocated to partially fund the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II. A further 149.9 million Singapore dollars has been used to repay bank borrowings.</p>\n<p>The remaining 67.3 million Singapore dollars will be applied in line with the purposes outlined in the offer information statement. The board said it will continue to provide periodic disclosures on the status of the funds in future financial results and annual reports.</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":"1180904142","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180904142","pubTimestamp":1784628506,"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. on Jul, 21 2026 detailed how it has applied the 272.2 million Singapore dollars in net proceeds raised from its renounceable non-underwritten rights...","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）报告2.722亿新元配股所得款项使用进展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F83.SI":1},"content_text":"COSCO SHIPPING International (Singapore) Co., Ltd. on Jul, 21 2026 detailed how it has applied the 272.2 million Singapore dollars in net proceeds raised from its renounceable non-underwritten rights issue of 2.24 billion new shares.\nAs of the latest update, the company has deployed about 204.9 million Singapore dollars, leaving 67.3 million Singapore dollars unutilised. Approximately 55.0 million Singapore dollars has been allocated to partially fund the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II. A further 149.9 million Singapore dollars has been used to repay bank borrowings.\nThe remaining 67.3 million Singapore dollars will be applied in line with the purposes outlined in the offer information statement. The board said it will continue to provide periodic disclosures on the status of the funds in future financial results and annual reports.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","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"}}}