Tiger Airways Rg   

TigerAir

depends on temasek or not

 

tIgEr  aIr  is  CPF apprOvEd  ? ? ? ?

Genting  is  nOt  ? ? ? ?

 

Of  cOUrsE

thEy  wOUld  lOvE

sEllIng  mOre

And  mOre

EvEn  mOre

mOre  And  mOre

ROI25per      ( Date: 28-Jan-2010 08:55) Posted: their cost is only  S$0.0667, selling @ $1.5 , wat u think? pg 46 propectus  investors pursuant to the Offering, the total consideration and the effective cash cost to investors in the Offering. Substantial Shareholders and their Associates: Number of Shares Acquired(1) Total Consideration(2) (S$) Effective Cash Cost per Share (S$) Singapore Airlines . . . . . . . . . . . . . . . . . . . . . . 179,009,250 S$11,933,950 S$0.0667 Indigo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87,678,000 S$5,845,200 S$0.0667 Ryanasia . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58,452,000 S$3,896,800 S$0.0667 Dahlia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,185,750 S$2,679,050 S$0.0667 Investors in the Offering. . . . . . . . . . . . . . . . . . 165,155,000 S$272,505,750 S$1.65

 

ALL  knOwn  bEfOrE  hAnd

LISTING  is  to  swEEp  CASH

frOm  sUckErs

? ? ? ?

---

Right  Issue  nOw

Share  Placement  lAtEr

pharoah88      ( Date: 27-Jan-2010 15:07) Posted: Is this TRUE? Tiger with All the AIR has NO Capacity and NO Capability to make MONEY.... It is already proven.... WHY do people want to PUT GOOD MONEY into a BLACK HOLE....???? Tiger AIR did NOT even own a single plane before its IPO. That mearns, the whole IPO was raised on AIR ONLY.... WHAT a GOOD DEAL???? LOST ALL THE MONEY and IPO on AIR.... This is the Greatest Innovation in IPO.... What is DUE DILIGENCE for then???? so simplistic.... teeth53      ( Date: 26-Jan-2010 22:00) Posted: Trade Summary: It is beyond everyone controlled,   TigerAir CPF 1.570 1.500 -0.070 -4.5 Vol:24,502,000 3,975,000 1.500 1.510 195,000 1.570 1.500 TSC SGD -- J7X J7X_R Last Trades Volume Bid Volume Mid Ask Volume 1.500 21 1,657,000 1,657,000 0 0 1.510 543 11,858,000 6,673,000 0 5,185,000 1.520 134 3,875,000 2,723,000 0 1,152,000 1.530 169 4,038,000 2,307,000 0 1,731,000 1.540 27 519,000 459,000 0 60,000 1.550 7 1,220,000 1,194,000 0 26,000 1.560 23 702,000 430,000 0 272,000 1.570 33 633,000 0 0 633,000 TOTAL 957 24,502,000 15,443,000 0 9,059,00   22-Jan-2010 21:09(cut n paste fm IPO forum, sign of thing for this coming wk) Many took this opportunities to STAG, have some kopi money, by looking at the married deal done, it can, but it can be uphill task to keep it beyond 1.65 22-Jan-2010 00:12 DOW RED, RED Liao Sai Liao, STI oso Liao Sai, Tiger don't dive, just my guess...STAG and buy 10% cheaper

 

Open at 92cents

 

wooohooo, I can't wait for opening bell and see it drop. Same goes for SIA.

 

95------83------58 long journey

 

Too late. Will gap down  once halt lifted.

nickyng      ( Date: 26-Aug-2011 06:48) Posted: ho say liao....another item in my bags of $horti$t$' list ! :P Alligator      ( Date: 26-Aug-2011 05:58) Posted: Media Release Rights Issue to Raise Gross Proceeds of Approximately S$158.6 million • • • • S$0.58 per Rights Share at approximately 39% Discount to the Last Traded Price and approximately 30% Discount to TERP of S$0.83 1 Rights Share for every 2 Shares Irrevocable Undertakings by Singapore Airlines and Dahlia, an indirect wholly- owned subsidiary of Temasek Holdings for 90% of the Rights Shares Underwriting Commitment by DBS Bank The Issue Price represents a discount of approximately 39% to the last traded price of S$0.955 per Share on 25 August 2011 and a discount of approximately 30% to the theoretical ex-rights price3 (“TERP”) of S$0.83 per Share.

 

ho say liao....another item in my bags of $horti$t$' list ! :P

Alligator      ( Date: 26-Aug-2011 05:58) Posted: Media Release Rights Issue to Raise Gross Proceeds of Approximately S$158.6 million • • • • S$0.58 per Rights Share at approximately 39% Discount to the Last Traded Price and approximately 30% Discount to TERP of S$0.83 1 Rights Share for every 2 Shares Irrevocable Undertakings by Singapore Airlines and Dahlia, an indirect wholly- owned subsidiary of Temasek Holdings for 90% of the Rights Shares Underwriting Commitment by DBS Bank The Issue Price represents a discount of approximately 39% to the last traded price of S$0.955 per Share on 25 August 2011 and a discount of approximately 30% to the theoretical ex-rights price3 (“TERP”) of S$0.83 per Share.

 

Media Release Rights Issue to Raise Gross Proceeds of Approximately S$158.6 million • • • • S$0.58 per Rights Share at approximately 39% Discount to the Last Traded Price and approximately 30% Discount to TERP of S$0.83 1 Rights Share for every 2 Shares Irrevocable Undertakings by Singapore Airlines and Dahlia, an indirect wholly- owned subsidiary of Temasek Holdings for 90% of the Rights Shares Underwriting Commitment by DBS Bank The Issue Price represents a discount of approximately 39% to the last traded price of S$0.955 per Share on 25 August 2011 and a discount of approximately 30% to the theoretical ex-rights price3 (“TERP”) of S$0.83 per Share.

 

  http://www.relax.com.sg/relax/news/741846/Scoot_Likely_name_of_SIA_s_budget_carrier.html

 

 

SINGAPORE - Scoot Airlines may well be the name of Singapore Airlines' long-haul budget offshoot. The Straits Times reported that it ran checks and found that New Aviation, SIA's wholly owned subsidiary that will run the new entity, has registered " Scoot" as the trademark with the Intellectual Property of Singapore. When ST asked SIA if " Scoot" was indeed the name chosen for the carrier, company spokesman Nicholas Ionides neither confirmed nor denied the finding. He said: " Several names have been under consideration, but the management of the new airline is not able to confirm details of the branding at this stage." The carrier is slated for launch by the middle of next year.

 

Sure to drop....Market already drop in liquidity liao...still rights issue to burn cash.....

 

pu yaw ruan ruan sawn hor, at least up 10%

cheers to those holding this Tiger.

 

They are planning to do this to the tiger



To turn it into this to raise fund.

GoldenRule      ( Date: 25-Aug-2011 15:34) Posted: " Mati" lah...mayb drop another 15%. Lucky not holding...

 

" Mati" lah...mayb drop another 15%. Lucky not holding...

 

Tiger and SIA will be under pressure once halt is lifted. What a time to raise funds.

 

SINGAPORE (Dow Jones)--Singapore budget carrier Tiger Airways Holdings Ltd. (J7X.SG) is planning a rights issue that could see it raise at least S$100 million, people familiar with the situation said Thursday.

One person said the airline will announce the rights issue soon, but declined to give further details.

Tiger, which has requested a trading halt, didn't immediately respond to a request for comment.

Many analysts have said the budget airline may need to raise cash to fund its aircraft purchases and bolster its weak balance sheet, which is likely to be further hit due to expected losses at its Australian unit.

Tiger Australia was grounded by Australia's Civil Aviation Safety Authority for six weeks that ended August 12. The grounding on safety concerns cost Tiger Airways at least S$2 million per week.

In a note to investors earlier this month, Citigroup said Tiger's debt level looked high " and we do not rule out more aircraft sale and leasebacks or an outright equity issuance to reduce gearing." It added that the latter move " would be a convenient option for Singapore Airlines Ltd. (C6L.SG) to raise its stake in Tiger."

Singapore Airlines owns a 32.8% stake in Tiger Airways, while Temasek Holdings Pte. Ltd. has about a 11% stake.

Tiger Airways, which reported a net loss of S$20.6 million in its first-quarter, said the group's performance in the current fiscal year that began April 1 will be dragged by Tiger Australia.

It also warned that the Australian unit, which contributed 40% to the group's revenue last year, is expected to post a full-year loss.

 

Possible M& A activity?

 

bluesky88      ( Date: 25-Aug-2011 13:28) Posted: SIA also halt.

 

SIA also halt.

 

sometime i don't know why , a simple announcement also need to request for halt one ?

 

Hopefully its something positive. :)