2009年12月16日星期三

ST Aerospace - ST Aerospace acquires actual shareholding in ST Aerospace Solutions (Europe) A/S

Global specialist in aerospace engineering and aerodynamics abutment solutionsStore this angel in big sizeSingapore, 27 June 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace) today appear that it has completed the acquirement of SAS AB’s (SAS) 28.7% shareholding in ST Aerospace Solutions (Europe) A/S (STA Solutions) for a sum of €28.3m, which was accustomed at based on fair bazaar amount agreed amid both parties. The acquirement follows the exercise of a put advantage by SAS pursuant to the Shareholders’ Agreement entered into amid SAS and ST Aerospace on 15 March 2006. With the achievement of the purchase, STA Solutions will become a wholly-owned accessory of ST Aerospace. STA Solutions was aforetime accepted as SAS Component A/S.

This accretion is not accepted to accept any actual appulse on the circumscribed net actual assets per allotment and balance per allotment of ST Engineering for the accepted banking year.

STA Solutions is currently operated and managed as allotment of ST Aerospace’s arrangement of AIRCRAFT MRO facilities. It operates warehouses and adjustment accessories amid at Copenhagen, Stockholm, Oslo and Stansted. With STA Solutions, STA Systems and STA Supplies, ST Aerospace today is able to accommodate a added complete COMPONENT TOTAL SUPPORT SOLUTION to customers.

Media Contacts:
Sharolyn Choy
VP / Director, Corporate Communications
ST Engineering
Tel: (65) 6722 1883
Fax: (65) 6720 2293
Email: sharolynchoy@stengg.com

Audrey Tan
Head, Corporate Communications
ST Aerospace
Tel: (65) 6380 6152
Fax: (65) 6280 8213
Email: audreytan@stengg.com

ST Aerospace is the aerospace arm of ST Engineering. Operating a all-around AIRCRAFT MRO arrangement with accessories in the Americas, Asia Pacific and Europe, it is the world's better airframe MRO provider with a all-around chump abject that includes abounding of the world's arch airlines, airfreight operators and aggressive operators. ST Aerospace provides a abounding spectrum of aliment and engineering casework through its two business segments: Aircraft Maintenance & Modification (AMM) and Component & Engine Total Support (CETS). Its casework cover AIRFRAME, ENGINE AND COMPONENT MAINTENANCE, REPAIR AND OVERHAUL; engineering architecture and abstruse services; and AVIATION MATERIALS and administration services, including TOTAL AVIATION SUPPORT. ST Aerospace has a all-around agents backbone of added than 7,000 engineers and abstruse specialists. Please appointment www.staero.aero.

ST Engineering is an chip engineering accumulation accouterment solutions and casework in the aerospace, electronics, acreage systems and abyssal sectors. Headquartered in Singapore, the Group appear revenues of $5.05b in FY2007. With a bazaar capitalisation of about $9b, it ranks a allotment of the better companies listed on the Singapore Exchange. ST Engineering has added than 18,000 advisers worldwide, and over 100 subsidiaries and associated companies in 21 countries and 35 cities. www.stengg.com.

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