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ST Aerospace injects more capital into engine leasing services unit

PC Lee Published on Mon, Jan 08, 2018 / 10:05 PM GMT+8

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SINGAPORE (Jan 8): ST Aerospace, the aerospace arm of ST Engineering, has pumped another US$1.47 million ($2 million) into 50% owned Total Engine Asset Management (TEAM).

This brings ST Aerospace's total investments in TEAM to nearly $22 million

Injected through subsidiary ST Aerospace Engines, the funds will support the expansion of ST Aerospace’s engine leasing business.

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