We need to find a fairer way of providing Goods and Services to the rest of the people on Earth.Cryptocurrencies and/or Gold Standard of money....maybe the answer to fight hyperinflation caused by too much printing of paper/fiat currencies by Governments and Central Banks all over the World. (https://www.google.com/+EricAu118)
SINGAPORE Airlines (SIA) has boosted its stake in Tiger Airways to over 93 per cent, which will allow it to delist the budget carrier from the Singapore Exchange.
In a release to SGX on Friday night, Tiger said that SIA and concert parties held 93.77 per cent in the low-cost carrier as at 5pm on Feb 5.
SIA had initially made an offer of 41 Singapore cents per share for the shares it did not own in Tiger, but bumped it up to 45 cents after Tiger's long-term minority shareholders complained. Tiger's initial public offering took place at S$1.50 per share.
SIA is pushing for closer integration across the airlines in its group, which it says will put the beleagured budget carrier in a better position for future growth.
The offer remains open for acceptances until 5.30 pm on Feb 19.