COSCO SHIPPING International (Singapore) reports latest deployment of rights-issue proceeds

SGX Filings

02/13

COSCO SHIPPING International (Singapore) Co., Ltd. said on Feb, 13 2026 that it has used an additional 3.94 million Singapore dollars from the 272.2 million Singapore dollars of net proceeds raised in its July 2025 renounceable non-underwritten rights issue.

The latest sum was applied to fund logistics infrastructure projects, including the development of JILH Phase II. Total spending on this category now stands at 19.01 million Singapore dollars, leaving 103.28 million Singapore dollars earmarked for future deployment.

The balance of the funds—149.91 million Singapore dollars—had already been used to repay bank borrowings. COSCO SHIPPING International (Singapore) said it will continue to provide periodic updates on any further use of the remaining proceeds in its future announcements and reports.

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