Singapore opened this morning as a hot spot.
The Singapore stock market opened up 10.21 points or 0.33% today.
Singapore Airlines made a net loss of 4.3 billion yuan last year and will issue bonds to raise 6.2 billion yuan.
Singapore Airlines appoints Chen Kaiping as Chief Financial Officer
You can follow the stock:Fengshu Industrial Trust, Rong Holdings, Shanghai Industrial Environment Holdings, unbranded Seafood
-Moomoo News Team
Opening snapshot
The Singapore stock market opened up 10.21 points, or 0.33%, today (May 20). As of 9: 05 a.m.$FTSE Singapore Straits Time Index (.STI.SG) $It was reported at 3120.75. The trading volume was 71.38 million shares, with a trading value of 89.37 million yuan. There are 91 rising stocks and 35 declining stocks.
Today's hot spot
Singapore Airlines made a net loss of 4.3 billion yuan last year and will issue bonds to raise 6.2 billion yuan.
$SIA (C6L.SG) $As of the end of March this year, the net loss for the whole year was 4.3 billion yuan, and the past year was the most difficult in its 49-year history.
It proposes to sell additional compulsory convertible bonds to raise about 6.2 billion yuan to enhance the group's liquidity, weather the crisis and safeguard future growth.
After the market closed today (May 19), it reported that passenger trips fell by 97.9% due to global restrictions on international travel, and the strong performance of freight revenue mitigated the impact of the sharp drop in passenger transport. It made a non-cash loss of 2 billion yuan over the past year, mainly because it removed 45 older aircraft.
Singapore Airlines appoints Chen Kaiping as Chief Financial Officer
After the market closed, Singapore Airlines (SIA) announced the appointment of Chen Kaiping, 48, as chief financial officer to replace Stephen Barnes (Stephen Barnes,62), who will retire at the end of the month.
Chen Kaiping, who joined Singapore Airlines in 1995, served as president of Singapore Airlines cargo company (SIA Cargo), returned to Singapore Airlines as senior vice president of market planning, and was promoted to executive vice president of finance and strategy on April 1, 2020.
Stephen Barnes took over as chief financial officer of Singapore Airlines in 2014.
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Source: Lianhe Zaobao