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Tiger Airways rights issue fully subscribed

Nisha Ramchandani
Published Mon, Jan 5, 2015 · 09:50 PM

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$140 million by subscribing for its entitl…

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