SIA Engineering incorporates JV with Moog
SIAEC holds a 49% equity stake in it.
SIA Engineering (SIAEC) and Moog Inc. (Moog) incorporated a joint venture (JV) company, Moog Aircraft Services Asia Pte Ltd.
According to an announcement, SIAEC holds a 49% equity stake in the company, whilst Moog holds 51%.
The JV will provide component repair services to Asia Pacific customers.
Consequently, SIAEC will have a portfolio of 26 JVs across nine countries.