SIA Engineering posted a nearly fivefold jump in 1Q ended June earnings to $198.4 million, or 17.67 cents per share, from $41.3 million a year ago. This was due to a $141.6 million gain from the divestment of its 10% stake in Hong Kong Aero Engine Services to Rolls-Royce Overseas Holdings and Hong Kong Aircraft Engineering Company. SIA Engineering closed 0.79% lower at $3.75.

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