Asia/Pacific

ST Aerospace injects new capital into Total Engines Asset Management to expand its engine portfolio

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ST Aerospace injects new capital into Total Engines Asset Management to expand its engine portfolio

ST Aerospace’s wholly owned subsidiary, ST Aerospace Engines Pte Ltd (STA Engines), has agreed to inject its pro rata share of an additional US$2.81m (S$3.58m) into the capital of its 50%-jointly controlled company, Total Engines Asset Management Pte Ltd (TEAM). This capitalisation exercise is per...

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