SGX raises cap for rights offerings to 100%

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SGX raises cap for rights offerings to 100%

SGX Singapore Stock Exchange_230px
(160727) -- SINGAPORE, July 27, 2016 (Xinhua) -- A staff member walks past an office in Singapore Exchange (SGX), July 27, 2016. SGX on Wednesday announced net profit of 349 million Singapore dollars (about 257 million U.S. dollars) for the full financial year 2016, unchanged from the previous year. (Xinhua/Then Chih Wey) ****Authorized by ytfs**** (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

Singapore Exchange has freed companies to issue up to 100% of their equity capital in rights offerings, an increase from 50% previously.

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