sia mcb

SIA MCB: A Great Way to Financial Engineering?

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SIA recently announced a disastrous set of FY2021 financial results, which should not come as a surprise. They also announced a massive “recapitalization” in the form of raising funds through its second tranche of Mandatory Convertible Bonds or SIA MCB for short.

Watch the short video to find out why I think this is an ingenious method on the part of SIA to boost its balance sheet.

Do note that this video is not meant to be a comprehensive coverage of the SIA MCB issue which many local financial blogs have already covered and I have written about it extensively in this article: SIA Rights. Debunking the complication behind the maths back in 2020.

This video is more of a light-hearted take on the MCB issue. Again, this is NOT meant as a recommendation to buy or sell SIA shares or its associated derivatives.

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Disclosure: The accuracy of the material found in this video cannot be guaranteed. Past performance is not an assurance of future results. This video is not to be construed as a recommendation to Buy or Sell any shares or derivative products and is solely for reference only. Please do your own due diligence and assess the suitability of the recommended financial/investment product against your own risk profile.

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