History
SALE was jointly owned by four shareholders:
- Singapore Airlines (35.5%)
- WestLB (35.5%)
- GIC (14.5%)
- Temasek Holdings (14.5%)
On 15 December 2006, Bank of China bought out all four companies' shares for US$980m. Thus, to reflect the change in ownership, the company was renamed BOC Aviation on 2 July 2007.
Read more about this topic: BOC Aviation
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