DEFENCE contractor Singapore Technologies Engineering on Thursday completed its acquisition of an aircraft part maker for a net consideration of US$506 million (S$683 million) in cash.

Defence contractor Singapore Technologies Engineering on Thursday completed its acquisition of an aeroplane engine parts maker for a net consideration of US$506 million (S$683 million) in cash.

CATALIST-LISTED Tritech Group, through TGL Engineering Group, is selling Presscrete Engineering, an indirect subsidiary, to Lim Wen Heng Construction to meet its working capital requirements.

Submitted By:  Arianna Danganan Case Study:  No The acquisition is set to close in the week beginning 15 April. Singapore Technologies Engineering (ST Engineering) ...

SINAPORE (Apr 15): For the period from January to February, Singapore visitor arrivals grew 2% y-o-y, continuing the growth slowdown trend, as the arrivals increased by 2.4% in 4Q18. China and Asean arrivals were flat for Jan-Feb 2019, with China tourist arrivals seeing an improvement from the 3.7%...

CATALIST-LISTED Tritech Group, along with subsidiary TGL Engineering Group, is selling Presscrete Engineering, an indirect subsidiary, to Lim Wen Heng Construction to meet its working capital requirements.

THE following companies saw new developments that may affect trading of their shares on Monday:

The acquisition will be carried out by ST Engineering's US unit Vision Technologies Aerospace Inc in a $630-million deal. The post SG’s ST Engineering gets US approval to buy engine parts maker from GE appeared first on DealStreetAsia.

MAINBOARD-LISTED Singapore Technologies Engineering has been allowed to buy a maker of critical aeroplane engine parts from the United States’ General Electric, it disclosed on Sunday.

SINGAPORE (April 9): Maybank Kim Eng is downgrading its call on Hi-P International to “sell” from “hold” previously with an unchanged price target of $1.22, which is based on 1.5 times FY19E price-to-book value. This is because the research house now deems Hi-P as overvalued at 14 times FY1...