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Tiger Airways rights issue fully subscribed

Tue, Jan 06, 2015 - 5:50 AM

Nisha Ramchandaninishar@sph.com.sg@Nisha_BT

Singapore

TIGER Airways has completed its rights issue, which was fully subscribed, raising some S$230 million.

Meanwhile, Singapore Airlines' (SIA) stake in Tiger remains at 55.8 per cent following the rights issue. Major shareholder SIA had initially said it would commit up to S$...

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