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ST Engineering establishes subsidiary in Saudi Arabia for $3.2 mil

Michelle Zhu
Michelle Zhu • 1 min read
ST Engineering establishes subsidiary in Saudi Arabia for $3.2 mil
SINGAPORE (Feb 21): ST Electronics has set up a subsidiary, ST Electronics (Saudi Arabia) (STSA), in Riyadh, Saudi Arabia – with a paid up capital of 8.4 million Saudi Riyals ($3.2 million).
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SINGAPORE (Feb 21): ST Electronics has set up a subsidiary, ST Electronics (Saudi Arabia) (STSA), in Riyadh, Saudi Arabia – with a paid up capital of 8.4 million Saudi Riyals ($3.2 million).

ST Electronics is the electronics arm of ST Engineering.

In a Tuesday filing, the group states that STSA will offer ST Electronics’ engineering services for mass rapid transit projects, intelligent transportation as well as advanced electronics solutions in Saudi Arabia.

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