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Old 07-12-2015, 09:07 PM   #330
bencheongcm
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Latest News, Corporate

ST Engineering streamlines US business
By Trinity Chua / theedgemarkets.com | December 7, 2015 : 5:55 PM MYT
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SINGAPORE (Dec 7): ST Engineering said today that it has streamlined its businesses in San Antonio, US.

The group hopes to strengthen its aircraft interior engineering capability and improve operational efficiency through its latest move.

As a result of streamlining, VT DRB Aviation Consultants, a subsidiary of Vision Technologies Aerospace Incorporated (VT Aerospace), was merged into VT San Antonio Aerospace.

VT Aerospace is also the subsidiary of Vision Technologies Systems, which is ST Engineering’s headquarters in the US.

According to ST Engineering, business has continued seamlessly as VT DRB Aviation Consultants’ operations will be managed by the same leadership team.

ST Engineering closed 1% higher at $2.97 today.
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