Keppel Corporation:for a minority stake in intelligent lithium-ion battery company Envision AESC Group. Envision AESC Group recently acquired Automotive Energy Supply Corporation , a former venture between Nissan Motor Company and the NEC Group. It has also acquired the entire share capital of NEC Energy Devices, a battery electrode manufacturing company owned by NEC Corporation.
's support of the SIA fleet covers a broad spectrum of maintenance, repair and overhaul and fleet management support services. The agreement, if renewed after the first two years, is expected to yield a labour revenue of S$1.3 billion to S$1.4 billion over the four-year term. SIA shares closed at S$9.72 on Monday, up six Singapore cents or 0.6 per cent, while SIA Engineering shares closed at S$2.48, up two Singapore cents, or 0.8 per cent.
said these may require"appropriate reassessment" by Fortis Group on the claims from, or transactions with, such parties. The counter last traded at S$1.89 apiece on Monday.