Staff Reporter
,
Singapore
The bourse is also asking the budget carrier to explain the recent surge in trading activity.
A Reuters report said, “Shares of Tiger Airways closed 13.5 percent to S$1.135, with a volume of 53.5 million shares changing hands. This was four times its average daily volume over the last five sessions.”
Tiger Airways is currently suspended from operating domestic flights in Australia due to safety issues.
View the report here.
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