SIA Engineering

Broker's Calls

UOBKH adds CLAS and SATS, drops RH Petrogas, SIA Engineering and FEHT from alpha picks

UOBKH’s alpha picks portfolio outpaced the STI in 4QFY2023 and the full year, gaining 2.2% and 8.7% on an equal-weighted basis.

Contracts

SIA Engineering expands regional base network with 15-year lease of hangars in Subang

The two hangars in Sultan Abdul Aziz Shah Airport will establish SIA Engineering's third base maintenance hub in the APAC region.
SIA Engineering maintains buybacks; Overseas Education CEO raises stake - THE EDGE SINGAPORE

Insider moves

SIA Engineering maintains buybacks; Overseas Education CEO raises stake

Channel checks indicate that the maintenance, repair and overhaul market is becoming increasingly tight, says DBS
SIA Engineering announces contract with Hawaiian Airlines  - THE EDGE SINGAPORE

Aviation & Engineering

SIA Engineering announces contract with Hawaiian Airlines

SIA Engineering announces agreement to service Hawaiian Airlines' A321neo fleet of 18 aircraft into Year 2027.
UOB Kay Hian and DBS keep buy' call for SIA Engineering as operating performance improves - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian and DBS keep buy' call for SIA Engineering as operating performance improves

Excluding the impact of government grants, SIA Engineering’s operating performance improved significantly y-o-y by $55.6 million.
SIA Engineering reports 2HFY2023 earnings of $33.9 million, down by a fifth  - THE EDGE SINGAPORE

Results

SIA Engineering reports 2HFY2023 earnings of $33.9 million, down by a fifth

SIA Engineering is resuming its dividend payout with 5.5 cents per share declared
SIA Engineering's near-term profitability unlikely to return to pre-pandemic levels, CGS-CIMB maintains 'hold' - THE EDGE SINGAPORE

Broker's Calls

SIA Engineering's near-term profitability unlikely to return to pre-pandemic levels, CGS-CIMB maintains 'hold'

The analysts believe that SIAEC will continue to face labour issues in the medium-term.
SIA Engineering appoints Chin Yau Seng as CEO designate - THE EDGE SINGAPORE

New appointments

SIA Engineering appoints Chin Yau Seng as CEO designate

Chin will be succeeded by Marvin Tan, currently SIA’s senior vice president customer services and operations.
UOBKH adds Delfi, drops ThaiBev, DBS, SIA Engineering from alpha picks - THE EDGE SINGAPORE

Broker's Calls

UOBKH adds Delfi, drops ThaiBev, DBS, SIA Engineering from alpha picks

UOBKH’s alpha picks portfolio has beaten the STI for 11 out of the past 12 months.

Insider moves

Oxley and SIA Engineering in steady share buybacks

As at Dec 31, 2022, Oxley's total unbilled contract value stood at $1.4 billion.
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