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SIA Engineering Company to sell Australian unit for A$4.5m

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Published Sun, Dec 16, 2018 · 09:50 PM

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Singapore

SIA Engineering Company (SIAEC) announced late on Friday that it is divesting its entire stake in subsidiary Aircraft Maintenance Services Australia (AMSA) for A$4.5 million (S$4.5 million) in cash to aircraft leasing company Heston Services Limited.

AMSA is based in Australia, and provides line maintenance services in major Australian airports.

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