Singapore’s Tiger Airways plans IPO

Financial Times, 4 Dec 2009
Tiger Airways, the Singapore-based low-cost airline, is planning an initial public offering in January to raise about $500m, according to people close to the deal.
The company, which is 49 per cent-owned by Singapore Airlines, is understood to be planning to sell up to 51 per cent of its shares, which would value the airline at about $1bn.
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