You are here

SIA buys 7% of Tiger from Temasek for $49m to raise stake to 40%


SINGAPORE Airlines (SIA) has acquired a 7.3 per cent stake in Tiger Airways from Temasek Holdings, taking its stake in the budget carrier to 40 per cent from 32.7 per cent.

In a release to the Singapore Exchange yesterday, SIA said it had acquired 72.33 million shares in...

Market voices on: