General Announcement::PROPOSED MERGER OF AIR INDIA LIMITED AND VISTARA - FOREIGN DIRECT INVESTMENT APPROVAL

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA US$600M3.375%N290119 - XS2405871570 - VB9B
SIA S$700M3.035%N250411 - SG7AG1000009 - 6S1B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$500M3.5%N301202 - SGXF10397887 - HGGB
SIA S$850M1.625%CB251203 - XS2260025296 - VTRB
SIA US$500M3%N260720 - XS2284332769 - FJYB
SIA S$300M3.75%N240408 - SG6PE4000001 - 3F4B
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
SIA US$500M5.25%N340321 - XS2787854673 - 96HB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Aug-2024 08:01:38
Status
New
Announcement Sub Title
PROPOSED MERGER OF AIR INDIA LIMITED AND VISTARA - FOREIGN DIRECT INVESTMENT APPROVAL
Announcement Reference
SG240830OTHRF0VZ
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of Singapore Airlines Limited ("SIA") refers to the proposed merger of its 49% associated company, TATA SIA Airlines Limited ("Vistara") and Air India Limited ("AI") (the "Proposed Merger"). The Board is pleased to announce that SIA has received approval from the Government of India for foreign direct investment into the enlarged AI, as part of the Proposed Merger. Please refer to the attached file for further details.

Attachments

SGX Announcement Proposed Merger AI and TSAL - FDI approval.pdf
Total size =82K