SINGAPORE (Oct 27): SIA Engineering Company (SIAEC) is disposing its joint venture stake in Asian Compressor Technology Services Company (ACTS).
The sale of SIAEC’s stake in ACTS is expected to result in a gain of S$14.3 million for SIAEC for the financial year ending March 31.
ACTS is a joint venture between SIAEC (24.5%), Pratt & Whitney (51%) and...(click on link for full story on theedgesingapore.com)