ST Aerospace liquidates Singapore British Engineering
ST Aerospace reported that its 51%-owned subsidiary, Singapore British Engineering (SBE), has commenced Members’ Voluntary Winding Up. SBE, a joint venture between ST Aerospace and BAE Systems, was set up for the marketing of BAE Systems’ avionics and defence products in Singapore. Shareholders of SBE approved the appointment of Andrew Grimmett and Lim Loo Khoon