The SIA rights issue is a complicated one and I bet most shareholders don’t know what is going on.

I always believe that financial products are not shampoos and education is the only way to bridge the knowledge gap.

I took the liberty to record a walkthrough of the rights issue document and highlight the salient points for SIA shareholders to take note of.

If you are not a video person, you can read the following main points accompanied with some explanations.

SIA is offering 2 different rights issues to raise money.

Rights Shares Issue: SIA is issuing more shares to raise money. Only shareholders will receive the rights to buy more shares. The cutoff date for the shareholder list is on 5 May 2020, 5pm. Thereafter, you won’t be able to receive the rights shares even