ST Aerospace injects $26m into Xiamen-based STATCO

Its total contribution now stands at $55.7m.

ST Engineering yesterday revealed that its aerospace arm has injected another $26m into its Xiamen-based engine maintenance, repair and operations joint venture company.

The capital injection was completed via ST Aerospace’s wholly-owned subsidiary STA Engines.

STA Engines’ total share capital contribution in STATCO now stands at $55.7m. The capital injection is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia