DBS, Singapore Airlines :for travellers by enhancing digital capabilities across various platforms. Under the MOU, the two companies will introduce flight booking and merchandising capabilities on DBS's platforms, a DBS-SIA Rewards Programme on the airline's digital wallet KrisPay, and the expansion of payment options for SIA customers using PayNow, via application programming interface technology.
They will mature five years from the date of issue, which is expected to be on April 2, 2019. Net proceeds will be used for general corporate purposes, including financing investments, acquisitions and capital expenditure, refinancing of existing borrowings and general working capital requirements of the company or its subsidiaries, joint ventures and associates. The counter closed at S$1 apiece on Tuesday, up 0.5 per cent, or 0.5 Singapore cent.
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