Tiger Air Falls on Fundraising, Restructuring: Singapore Mover
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Tiger Airways Holdings Ltd., the unprofitable low-fare carrier part-owned by Singapore Airlines Ltd., fell the most in almost a month after saying it’s considering a fundraising plan to improve liquidity.
The stock dropped 7.6 percent, the most since May 5, to 49 Singapore cents in the city, after an 18 percent jump May 30.