SIAEC and Eaton Form Joint Venture in Malaysia to Enhance MRO Services for Eaton Components Across Asia Pacific Region.
SIA Engineering Company (SIAEC) and Eaton have signed a definitive agreement to establish a joint venture dedicated to the maintenance, repair, and overhaul (MRO) of Eaton-manufactured aircraft components used in airframe and engine fuel and hydraulic systems. Based in Malaysia, the joint venture will combine the expertise and experience of both companies to provide comprehensive MRO services across the Asia Pacific region. This collaboration aims to enhance service capabilities and operational efficiencies for customers in the aerospace sector.
With the establishment of the new joint venture, SIAEC’s portfolio now includes 24 subsidiaries and joint ventures with prominent original equipment manufacturers and strategic partners across eight countries.
The incorporation of the Joint Venture is not expected to have a material impact on the net tangible assets per share or the earnings per share of the SIAEC Group for the financial year ending 31 March 2025. None of the Directors and controlling shareholders of SIAEC has any interest, direct or indirect, in the incorporation of the JV.
SIA Engineering Company (SIAEC) is a leading provider of aircraft maintenance, repair, and overhaul (MRO) services in the Asia-Pacific region. Serving a client base of over 80 international carriers and aerospace equipment manufacturers, SIAEC offers line maintenance at more than 30 airports across eight countries. The company specializes in airframe, engine, and component services for some of the world’s most advanced and widely used commercial aircraft.
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SIA Engineering Company (SIAEC) and Eaton have entered into a definitive agreement to form a joint venture focused on the maintenance, repair, and overhaul (MRO) of Eaton-manufactured aircraft components used in airframe and engine fuel and hydraulic systems. The joint venture, based in Malaysia, will leverage the combined expertise of both companies to deliver comprehensive MRO services throughout the Asia-Pacific region. This collaboration aims to enhance service capabilities and operational efficiencies for aerospace sector customers.
Q. – What will the new joint venture focus on?
A. – MRO services.
Q. – Where is the joint venture based?
A. – Malaysia.
