Singapore Airlines says it is well capitalised, has no delisting plans

Singapore Airlines has raised S$15.4 billion in fresh liquidity since April 1, 2020. - ST

SINGAPORE (The Straits Times/ANN): Singapore Airlines (SIA) had sought and obtained overwhelming shareholder support to raise funds through its Mandatory Convertible Bonds (MCB) and rights share issues – funds that the airline said will put it on a strong footing to re-emerge as a global player as the Covid-19 pandemic recedes and borders reopen.

The company was responding to a series of questions put to it last week by the Securities Investors Association of Singapore (Sias).