HOCK LOCK SIEW
SIA's minority investors have a chance to ride air travel recovery under Temasek's wing
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STATE investor Temasek Holdings has spent over S$12 billion underwriting the rights issues of flag carrier Singapore Airlines (SIA).
That is more than SIA's market value of under S$8 billion at the time its cash calls were announced last year.
Would minority shareholders of SIA have been better off if Temasek had just taken SIA private? And should they now be clamouring for a privatisation?
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