585 pongs
All you need to know about the DBS right issue
DBS has announced a 1-for-2 rights issue at S$5.42 (45% discount to lastclosing, 35% discount to theoretical ex-rights price) to raise S$4b.Largest shareholder, Temasek Holdings, will sub-underwrite 33.3% of rightsissue and has undertaken to fully subscribe for its entitlement of 27.6%.The rights issue is underwritten by Citigroup, Goldman Sachs, JPMorgan,Morgan Stanley and …
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hothotstock Posted by hothotstock User Menu
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on December 22, 2008 at Singapore hot stocks analysis

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