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SIA Engineering announces deals involving investments in the Philippines

SIA Engineering Company, the engineering unit of Singapore Airlines, announced on Monday that it will pay US$7.74 million for Cebu Air's 35 per cent shareholding in SIAEP.


MAINBOARD-LISTED SIA Engineering Company has entered into two agreements with Cebu Air: one was to buy out the latter's interest in SIA Engineering Philippines Corporation (SIAEP) and the other to sell its stake in Aviation Partnership (Philippines) Corp (APP) to the budget...

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