SINGAPORE (June 16): Singapore Airlines (SIA) announced that it will be using S$2.2 billion (RM6.76 billion) out of the gross proceeds of S$8.8 billion raised from its rights issue to repay the S$2 billion bridge loan facility with DBS Bank.
Another S$200 million will go towards the funding of operating expenses.
On June 11, Singapore Airlines and SilkAir announced that ... (click on link for full story on theedgesingapore.com).