Singapore Technologies Engineering Injects Additional Capital Into Keystone Holdings

Singapore Technologies Engineering’s aerospace arm has injected US$8.1 million into the capital of its subsidiary, Keystone Holdings (Global). The additional capital is for the purpose of expanding its aircraft leasing business, which now adds on a Boeing 737NG into the growing portfolio.

This brings the group’s total share capital contribution in Keystone Holdings (Global) to US$13.2 million. The capital injection affirms the group’s aerospace sector’s confidence in the aircraft...

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