SATS has finally released details on their rights issue, which they had been speaking of for months, to raise a significant amount of funds.
First of all, the rights price is set at S$2.20. It means that you need to pay this amount to get each additional share.
The allotment is 323 Rights Shares for every 1,000 shares you own. If you indeed have 1,000 shares, you would need to make a payment of S$710.60 (323 x S$2.20) to get your full entitlement....