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SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

Aviation & Engineering

SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

Jeffrey Tan Published on Fri, Jul 02, 2021 / 7:00 AM GMT+8

High-flying aviation businesses brought down to earth - THE EDGE SINGAPORE

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A potential merger between SIA Engineering (SIAEC) and ST Engineering Aerospace (STE Aerospace) has long been speculated by the market. Such a move could become reality in the near-to-medium term.

In April, The Edge Singapore ran an article, stating that SIAEC and STE Aerospace could be next on Temasek Holdings’ list, given the slew of restructuring exercises involving several of its controlled companies.

Notably, Sembcorp Industries completed a demerger from its former subsidiary Sembcorp Marine (Sembmarine) last year. Earlier this year, Keppel Corp announced a restructuring of Keppel Offshore & Marine (Keppel O&M) into three entities. Keppel is now exploring a potential merger of Keppel O&M with SembMarine. CapitaLand also this year proposed to divide its businesses into two entities.

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SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

Aviation & Engineering

SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

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SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

Aviation & Engineering

SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth

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