Chartered Semi launches $634 million foray

Singapore Inc launches a massive capital markets exercise in its attempt to stay in the semiconductor major league.

One of the largest rights issues ever in Singapore was announced at the crack of dawn yesterday. Singapore- and Nasdaq-listed Chartered Semiconductor woke the market out of its Summer lethargy with the announcement of a $634 million deeply discounted rights issue.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media