SUBSCRIBERS

Corporate digest

Published Thu, Feb 17, 2022 · 05:50 AM

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.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.