Brief: SATS Ltd To Raise About S$798.8 Million To Partially Fund Worldwide Flight Services Deal
22/02/2023 04:31
Feb 22 (Reuters) - SATS Ltd SATS.SI :
* TO RAISE ABOUT S$798.8 MILLION VIA RENOUNCEABLE
UNDERWRITTEN
RIGHTS ISSUE TO PARTIALLY FUND WORLDWIDE FLIGHT SERVICES
ACQUISITION
* ANNOUNCES 323 RIGHTS SHARES FOR EVERY 1,000 EXISTING
SHARES HELD
AT RIGHTS ISSUE PRICE OF S$2.20 PER SHARE
Further company coverage: SATS.SI
((Reuters.Briefs@thomsonreuters.com;))
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