Singapore Airlines (SIA) shares have taken a massive beating in recent months.

Take a look at the decline for this year along after the pandemic hit.

While prices have declined, Temasek has after all backed the company.

They have pledging to take up any remaining shares and bonds that are not subscribed in the recent $15B bailout. More details below...

What happened to SIA and what is the bailout?

SIA has grounded 96% of it's fleet. No seat tickets to sell because we are all not travelling.

This meant that at this moment, there is little to no revenue.

However, they still have staff cost, airplane loans to pay etc... which caused them to post a $732m 4Q loss!

Which such a gloomy near term outlook, of course the share price suffered.

SIA needed cash to survive. That is why they recently did the SIA RIGHTS AND SIA Mandatory Convertible Bonds (MCB).

It was to bring in

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