ST Engineering injects $6.2m in ST Aerospace Academy

Its pilot training business is growing.

ST Engineering’s confidence in the commercial pilot training business continues to grow as it maintains investments in pilot training capacity and capabilities to support the rising demand globally.

Singapore Technologies Engineering Ltd (ST Engineering) today announced that its aerospace arm Singapore Technologies Aerospace Ltd (ST Aerospace), through its wholly owned subsidiary ST Aerospace Engineering Pte Ltd (STA Engineering), has injected US$4.87m (S$6.2m) into the capital of its wholly owned subsidiary, ST Aerospace Academy Pte Ltd (STAA). This would bring STA Engineering’s total equity investment in STAA to US$12.98m (approximately S$17.6m).

The capital injection is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia