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Corporate digest

Published Mon, May 9, 2016 · 09:50 PM

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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