Singapore govt to put Changi Airport under Temasek

Reuters, 7 Oct 2008, Daryl Loo

SINGAPORE, Oct 7 (Reuters) - Singapore's Changi Airport will be split into two entities by July 2009 -- an airport company under state investor Temasek Holdings and a regulatory body that will oversee the city-state's airports. The new airport company, which will manage the city-state's Changi Airport and investments in foreign airports, will be a wholly owned subsidiary of Temasek [TEM.UL], Singapore's Transport Minister Raymond Lim said on Tuesday.

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