COSCO SHIPPING International reports progress on use of rights‐issue proceeds

SGX Filings

Apr 16

COSCO SHIPPING International (Singapore) Co., Ltd. announced on Apr, 16 2026 that it has applied about 180.2 million Singapore dollars of the 272.2 million Singapore dollars net proceeds raised from its renounceable rights issue completed in 2025.

The company said 30.3 million Singapore dollars has been channelled toward the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II, while 149.9 million Singapore dollars has been used to repay bank borrowings.

As a result, roughly 92.0 million Singapore dollars of the rights‐issue proceeds remain unspent. The board said it will provide further updates when the remaining funds are materially deployed and will include status reports in future annual reports and financial results.

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The board said it will provide further updates when the remaining funds are materially deployed and will include status reports in future annual reports and financial results.</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":"1144296077","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144296077","pubTimestamp":1776334645,"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. announced on Apr, 16 2026 that it has applied about 180.2 million Singapore dollars of the 272.2 million Singapore dollars net proceeds raised from...","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":"中远海运国际报告供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. announced on Apr, 16 2026 that it has applied about 180.2 million Singapore dollars of the 272.2 million Singapore dollars net proceeds raised from its renounceable rights issue completed in 2025.\nThe company said 30.3 million Singapore dollars has been channelled toward the construction or acquisition of logistics infrastructure and other investment opportunities, including the development of JILH Phase II, while 149.9 million Singapore dollars has been used to repay bank borrowings.\nAs a result, roughly 92.0 million Singapore dollars of the rights‐issue proceeds remain unspent. 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