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original equipment manufacturers (OEMs)

M&A

ST Engineering Aerospace moves up value chain with MRAS acquisition

SINGAPORE (Nov 18): ST Engineering sees its aerospace arm’s acquisition of US-based nacelle manufacturer Middle River Aerostructure Systems (MRAS) as a key step in its move to go upstream in the aerospace value chain.

Broker's Calls

SIA Engineering to ride on 'burgeoning MRO demand' despite lower earnings forecasts: Daiwa

SINGAPORE (Dec 18): Daiwa is keeping SIA Engineering (SIAEC) at “outperform” with a lower target price of $3.56 compared to $4.10 previously, in line with lower earnings forecasts over the next three years as well as tapering FY21-28 earnings growth r
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