The development bank of Singapore Limited (DBS) offers a bill facility to corporate clients. The bank website explains the terms and conditions of Bills of Exchange. 
Describe the structure of a bank accepted bill/ bank endorsed bill/bill of exchange to Jaleel. In your explanation, clearly distinguish the roles of the parties associated with the bill issue.

 

In June 2020, Singapore Airlines Limited undertook a renounceable rights issue of new ordinary shares in the capital of the company and mandatory convertible bonds to entitled shareholders.

• Explain renounceable rights issue of ordinary shares and discuss the advantages and disadvantages. 

• Explain to Jaleel what is convertible bonds and why would Singapore Airlines undertake mandatory convertible bonds to entitled shareholders?