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SIAS urges Singapore Airlines to revise Tiger offer, deadline

2015-12-19 12:44:13| Airlines - Topix.net

TODAY reports: SIA last month made a S$453 million offer to buy out the other shareholders of Tigerair, but some of the budget carrier's minority shareholders felt SIA's offer was "not reasonable". SINGAPORE: The Securities Investors Association Singapore has appealed to the board of Singapore Airlines on behalf of long-term Tiger Airways minority shareholders, asking SIA to revise its buyout offer and extend the deadline for acceptance by two weeks.

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