Tiger Airways launches more than IPO
Tiger Airways’ IPO on the Singapore Stock Exchange has signaled optimism about the strength of the public markets, and has also sparked moves by its competitors as the airline seeks to raise up to $200 million to fund expansion and the purchase of 50 new airplanes over the next five years.
While the IPO may not signal a return of the markets in Singapore – an exchange that saw just one IPO last year – it is certainly an indication that confidence is returning to the region. According...
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