ST Aerospace has set up a wholly-owned subsidiary, ST Aerospace Rotables (STAR), with paid up capital of US$1.5m (approximately S$1.88m). STAR, a global asset services company, will be headquartered in Singapore with marketing offices in the Americas, EMEA and Asia Pacific. STAR will drive ST Aerospace’s foray into a new growth area, focusing on rotable assets leasing, asset trading, rotables loan and exchange, as well as providing support to the sector’s Maintenance-By-the-Hour (MBHTM) programme. The new setup is in line with ST Aerospace’s plan to develop and extend its component total support capability, to address evolving market demands. STAR will

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