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SIAEC Initiates Liquidation of Dormant Subsidiary

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SIAEC Initiates Liquidation of Dormant Subsidiary

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The latest update is out from SIA Engineering Co ( (SG:S59) ).

SIA Engineering Company Limited has announced the appointment of liquidators for the voluntary liquidation of its dormant wholly-owned subsidiary, NexGen Network (2) Holding Pte. Ltd., incorporated in Singapore. This liquidation is not anticipated to materially impact the company’s consolidated net tangible assets per share or earnings per share for the financial year ending March 31, 2026, and no directors or controlling shareholders have any direct or indirect interest in this process.

The most recent analyst rating on (SG:S59) stock is a Buy with a S$3.92 price target. To see the full list of analyst forecasts on SIA Engineering Co stock, see the SG:S59 Stock Forecast page.

More about SIA Engineering Co

SIA Engineering Company Limited (SIAEC) operates in the aviation industry, providing comprehensive maintenance, repair, and overhaul (MRO) services to airlines worldwide. The company focuses on ensuring operational efficiency and safety for its clients, positioning itself as a key player in the aviation maintenance sector.

Average Trading Volume: 1,208,892

Technical Sentiment Signal: Buy

Current Market Cap: S$3.93B

Learn more about S59 stock on TipRanks’ Stock Analysis page.

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