Singtel commits US$405 million to Bharti Airtel’s rights issue

September 23, 2021 9:15 AM

SINGAPORE (THE BUSINESS TIMES) – Singtel on Thursday (Sept 23) said it intends to exercise its full rights entitlement for its direct 14 per cent stake in regional associate Bharti Airtel, to buy into the latter’s 21,000 crore rupees (S$3.8 billion) rights issue at 535 rupees per share.

Source : http://www.straitstimes.com/business/companies-markets/singtel-commits-us405-million-to-bharti-airtels-rights-issue