Warrants may offer cheap ride on Singapore Airlines
Article Abstract:
Singapore Airlines is offering two types of stock, namely, foreign and local. The move is designed to enhance market share at a time when Asian economies are improving and more Asians have resumed traveling. Foreign shares are almost at their ceiling and are at a 51% premium to the local shares. Local shares represent a better investment especially since 1998, when the Development Bank of Singapore issued warrants on 11 million local shares, followed by Deutsche Bank, which issued warrants on six million local shares in 1999.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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PSA transfers assets
Article Abstract:
Port Operator PSA Corp.'s divestiture of its non-port assets (valued at $1.72 billion) exemplifies Singapore's trend toward privatization of government-owned enterprises. Analysts predict that this increased leverage will make PSA Corp. an attractive investment when it announces its initial public offering.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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Carrier's stock drops as crash details emerge
Article Abstract:
Singapore Airlines Ltd. saw its share value decline by 5.7% as the carrier deals with the fallout from the crash of a Singapore airlines flight in Taiwan. The airline's stock is expected to fall even more, according to analysts.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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