Singapore Airlines (SQ, Singapore Changi) is set to take full control of Tigerair (Singapore Changi) after more than 90% of the budget carrier's shareholders voted to accept its revised offer of SGD0.45 (USD0.32) per share up from SGD0.41 (USD0.29) offered in November last year.

As it currently stands, the deadline for acceptance of the offer has now been extended to February 19 following which trade in Tigerair shares will be suspended.

Tigerair shareholders who accept the offer will also have the option to subscribe to SIA shares at SGD11.1043 (USD7.97) per share within ten days.