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
Famous quotes containing the word history:
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (1647–1706)
“The history of mankind interests us only as it exhibits a steady gain of truth and right, in the incessant conflict which it records between the material and the moral nature.”
—Ralph Waldo Emerson (1803–1882)
“Look through the whole history of countries professing the Romish religion, and you will uniformly find the leaven of this besetting and accursed principle of action—that the end will sanction any means.”
—Samuel Taylor Coleridge (1772–1834)