Corporate digest
SIA Engineering
SIA ENGINEERING has entered into an agreement with maintenance, repair and overhaul (MRO) service provider SR Technics Switzerland to acquire a 75 per cent stake in SR Technics Malaysia for US$3.75 million to form an MRO joint venture (JV).
In a Wednesday (Feb 16) announcement, SIA Engineering said the JV will complement its own existing component repair and overhaul services, and fleet management programmes.
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