ST Engineering’s Aerospace arm injects capital into Xiamen Engine MRO joint venture
ST Aerospace, through its wholly owned subsidiary ST Aerospace Engines, will be injecting its pro rata share of US$20.8m (approximately $25.98m), as additional capital into its Xiamen-based engine MRO joint venture company, ST Aerospace Technologies (Xiamen) Company (STATCO). The planned additional capital injection is subject to regulatory approvals by the Chinese authorities. Upon injection of […]
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