Singapore Airlines Limited and its wholly-owned subsidiary, SilkAir (Singapore) Private Limited, have entered into a sale and purchase agreement with Sabre Technology Enterprises II Ltd, pursuant to which SIA and SilkAir have sold, and the Purchaser has purchased, 2,440,000 Ordinary Shares of Abacus Travel Systems Pte Ltd. The Sale represents 61 per cent of the issued share capital of ATS of which SIA and SilkAir own 56 per cent and 5 per cent respectively. The aggregate consideration payable by the Purchaser to SIA and SilkAir for the Sale is US$6.1 million, equivalent to approximately S$8.17 million...