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Singapore Airlines Ltd Announces Liquidation Of Dormant Subsidiary
Singapore Airlines Ltd announced that its wholly owned subsidiary, SIA Properties (Pte) Ltd (SIAP), has been placed under members’ voluntary liquidation. The voluntary liquidation of SIAP is not expected to have any material impact on the Net Tangible Assets and Earnings Per Share of SIA for the current financial year ending March 31, 2013. None of the directors or substantial shareholders of SIA has any interest, direct or indirect, in the voluntary liquidation of SIAP.
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