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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.
November 03, 2017
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).
October 27, 2017
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.
October 10, 2017
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
October 06, 2017
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.
October 04, 2017
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
October 03, 2017
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.
August 31, 2017
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.
July 26, 2017
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.
July 26, 2017
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.
July 25, 2017