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Company Watch
SIA poised to lift off as border curbs ease
Strong balance sheet, ready capacity amid pent-up travel demand stand it in good stead
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Not surprisingly, the shares of Singapore Airlines (SIA) soared on Monday following news of further border openings via Vaccinated Travel Lanes (VTLs).
The stock surged by as much as 9 per cent on Monday to a new 52-week high at $5.59 as it attracted the most institutional buying of all Singapore-listed stocks with $25 million of net inflows.
