The incorporation of the subsidiary is not expected to have a material impact on the net tangible assets per share or the earnings per share of the SIAEC Group for the financial year ending March 31, 2024.
SIA Engineering Company (SIAEC) (SGX:S59
) has incorporated a wholly-owned subsidiary, Base Maintenance Malaysia (BMM), in Malaysia.
In a Sept 27 announcement, SIAEC says BMM was incorporated for the purpose of carrying out aircraft maintenance, repair and overhaul (MRO). Its issued and paid-up capital is RM100 ($29.14).
