SIA Engineering Company Limited (SIAEC)

Results

SIA Engineering's 2Q earnings rise 7.3% to $38.1 mil

SINGAPORE (Nov 3): SIA Engineering (SIAEC) announced that 2Q earnings rose 7.3% to $38.1 million from a year ago.

M&A

SIA Engineering sells 24.5% stake in JV for $14.3 mil gain

SINGAPORE (Oct 27): SIA Engineering Company (SIAEC) is disposing its joint venture stake in Asian Compressor Technology Services Company (ACTS).

Broker's Calls

SIA Engineering's valuations normalised but no immediate catalysts seen

SINGAPORE (Oct 10): UOB KayHian is placing SIA Engineering’s “sell” recommendation and $3.60 target price under review pending the release of its interim earnings in November.

SIA Engineering and Air India Engineering Services collaborate to provide MRO services in India

SINGAPORE (Oct 6): SIA Engineering Company (SIAEC) and Air India Engineering Services (AIESL) today jointly announced that they have entered into a non-binding memorandum of understanding (MOU) to collaborate and offer maintenance, repair and overhaul (MR

Update

SIA Engineering tumbles 9% to 8-year low after JPMorgan seeks to sell entire stake in block trade

SINGAPORE (Oct 4): SIA Engineering Company (SIAEC) triggered a trading query by Singapore Exchange (SGX) shortly after market open on Wednesday, after its share price fell 9% to a low of $3.15 – its lowest level since December 2009.

Aviation & Engineering

SIA Engineering establishes 49%-owned JV company with Moog

SINGAPORE (Oct 3): SIA Engineering Company (SIAEC) has established a 49%-owned joint venture (JV) company, Moog Aircraft Services Asia, with Moog Inc. to provide maintenance, repair and overhaul services for Moog-manufactured flight control systems fitted

Jardine Strategic to replace SIA Engineering as STI constituent

SINGAPORE (Aug 31): Jardine Strategic Holdings will replace SIA Engineering as one of 30 largest stocks of the Straits Times Index with effect from Sept 18.

Broker's Calls

Positive catalysts for SIA Engineering involve M&A activity

SINGAPORE (July 26): DBS Group Research is maintaining its “hold” on SIA Engineering (SIE) given 1Q18 net profits came in below expectations.

Broker's Calls

SIA Engineering kept at ‘sell’ by UOB with $3.60 target as 1Q earnings come below expectations

SINGAPORE (July 26): UOB KayHian is keeping SIA Engineering at “sell” with $3.60 target price given 1Q earnings came in below expectations while cost control remains a challenge.

Results

SIA Engineering 1Q earnings fall 82% to $36.2 mil on absence of divestment gain

SINGAPORE (July 25): SIA Engineering Company posts earnings of $36.2 million for the first quarter ended June, 81.8% lower than earnings of $198.4 million a year ago.
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