China Airlines, Ltd. (TSEC:2610) entered into an agreement to acquire additional 10% stake in Tigerair Taiwan Ltd. from Tiger Airways Holdings Limited on December 14, 2016. The transaction is expected to conclude by the first quarter of 2017. The divestment is not expected to have any material financial impact on the consolidated net tangible assets or earnings per share of the Singapore Airlines group of companies for the financial year ending March 31, 2017.