First Sponsor to Raise S$ 260.5 Million Through Rights Issue

Bitget2026/10/21 13:29

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First Sponsor will issue 241,160,373 Series 3 Tranche 2 perpetual convertible capital securities to raise approximately S$ 260.5 million.
The rights issue price is S$ 1.08 per security.
Subscriptions totaled 244,355,055 securities, representing 101.3% of the offering at its October 16, 2026 close.
Trading on the SGX-ST Main Board is expected to begin at 9 a.m. on October 26, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Sponsor Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: YLIG8IJ81YFDWIC6) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Sponsor to Raise S$ 260.5 Million Through Rights Issue

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