Business & Finance
Singapore Airlines, Tiger Airways suspend trading
SINGAPORE : Singapore Airlines (SIA) and budget carrier Tiger Airways suspended trading of their shares at the local sto
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Their filings with the Singapore Exchange did not give any reason for the suspension, but Dow Jones Newswires reported that Tiger was planning a rights issue that could see the carrier raise at least Sg$100 million ($83 million).
SIA owns 32.84 percent of Tiger.
Copyright AFP (Agence France-Presse), 2011