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Corporate digest (Amended)

Published Mon, Nov 7, 2016 · 09:50 PM

Tiger Airways

TIGER Airways Holdings will be delisted from the Singapore Exchange mainboard on Tuesday following the redemption and cancellation of all outstanding securities. The budget carrier, whose delisting follows its privatisation by Singapore Airlines, said it has fully redeemed the S$219.7 million 2 per cent perpetual convertible capital securities as at Nov 7. The securities have thereafter been cancelled.

Tat Hong Holdings

CRANE rental firm Tat Hong Holdings is expected to report a loss for its Q2 ended Sep 30, according to a filing to the SGX. The group said this is due to challenging market conditions in Singapore and Australia. However, it is expected to record a strong cash and cash equivalent balance as at Sept 30. Tat Hong…

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