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    Brief: Singapore Technologies Engineering Divests Interests In Shanghai Airframe MRO Joint Venture

    Picture of Singapore Technologies Engineering logoSingapore Technologies Engineering
    17/11/2025 01:20
    Nov 17 (Reuters) - Singapore Technologies Engineering Ltd STEG.SI:

DIVESTMENT OF EQUITY INTERESTS IN SHANGHAI AIRFRAME MRO JOINT VENTURE

CEA WILL ACQUIRE SALE EQUITY FOR CASH CONSIDERATION OF RMB680.5 MILLION

DIVESTMENT WILL RESULT IN A ONE-OFF GAIN OF S$48.1 MILLION

UNIT TO DISPOSE OF STAKE IN SHANGHAI TECHNOLOGIES AEROSPACE TO CHINA EASTERN AIRLINES

Further company coverage: STEG.SI

 ((Reuters.Briefs@thomsonreuters.com;))

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