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Corporate digest

Published Mon, May 9, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Tiger Airways

TIGER Airways will be delisted from the Singapore Exchange at 9am on Wednesday (May 11) after parent company Singapore Airlines successfully launched a takeover bid.

In November last year, SIA announced it was seeking to acquire the shares it did not already own in Tiger at 41 Singapore cents apiece; however, it was forced to raise this to 45 cents per share after facing resistance from Tiger's minority shareholders.

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