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Singapore Airlines Signs Definitive Agreements With China Eastern
November 14, 2007 |
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| Category: Industry News
Singapore Airlines has concluded the definitive transaction agreements with China Eastern Airlines Corporation Limited, China Eastern Air Holding Company and Lentor Investments Pte. Ltd., a wholly owned subsidiary of Temasek Holdings Limited.
There are four agreements signed by the parties, namely: Subscription Agreement, Shareholders Agreement, Strategic Cooperation Agreement and Secondment Agreement, relating to the partnership and strategic investment in CEA by SIA and Temasek.
Completion of subscriptions contemplated by the Subscription Agreement is subject to, among other things, approvals of the relevant regulatory authorities and shareholders of CEA.
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