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Changi Airport to be corporatised

If Changi Airport go IPO, I sure buy! Confirm make money.

 

Temasek to own Changi Airport

CHANGI Airport will be corporatised by July next year as competition grows.

The regulatory role will remain with the Civil Aviation Authority of Singapore (CAAS), while the airport and its overseas projects will be managed by a new company, which will also set service standards.

The new company will be wholly-owned by Temasek Holdings, which will pay a yet-to-be-decided amount to take over Changi's business units and assets including the terminal buildings.