SIA Engineering Company Limited (SIAEC)

The acquisition will be accounted for as an equity transaction.

The Singapore aviation sector faces an uncertain outlook even as borders open in the country.

Singapore’s aviation sector still has dark clouds looming over it, but the race for a Covid-19 vaccine may benefit some companies.

REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts

DBS Group Research has upgraded SIA Engineering and ST Engineering to “buy” after Singapore announced additional support measures for companies in the aerospace, aviation, and tourism sectors.

The brokerage has slashed its profit after tax and minority forecasts for FY21 and FY22 by 13% and 14%, respectively.

SINGAPORE (May 8): As Singapore resumes air travel to several cities in China and is in discussions with several other countries, the outlook appears less cloudy for SIA Engineering, according to DBS Group Research.

SIA Engineering’s 4Q and FY2020 results ended March 31 may have suffered minimal impact from the novel coronavirus (Covid-19) pandemic. But, the worst has yet to come for the provider of maintenance, repair and overhaul (MRO) servi

SINGAPORE (May 12): Given the uncertain pace of recovery in the aviation industry, CGS-CIMB Research has turned cautious on SIA Engineering’s prospects ahead.

SINGAPORE (April 8): As most flights worldwide were suspended from March onwards, SIA Engineering was able to eke out a mixed set of results for the fourth quarter and full year ended March 31.