Back 29 Dec 2025

ST Engineering Exits Shanghai Airframe MRO JV with Full 49% Stake Divestment to China Eastern

Summary:

  • Singapore Technologies Engineering Ltd has completed the divestment of its entire 49% equity interest in Shanghai Technologies Aerospace Company Limited (STARCO) to China Eastern Airlines Corporation Limited​

  • The deal, first announced on 17 November 2025, means STARCO ceases to be a joint venture company within the ST Engineering group​

  • The move is part of ST Engineering’s ongoing portfolio optimisation, as the group sharpens its focus across aerospace, smart city, defence and public security segments worldwide​

  1. https://links.sgx.com/1.0.0/corporate-announcements/YDN4XJZCSLG7HH7C/08c22ba02e7eaad3e45148b234a3cf6d8a8a9dabea6e7f220865f0f6fc60dc05