ST Engineering Sets Up New Subsidiary
By Mark Holmes | November 28, 2016
Photo: ST Engineering
[Via Satellite 11-28-2016] Singapore Technologies Engineering (ST Engineering) is investing $350,000 in a new start-up entity, ST Engineering Management Services (STEMS), the company announced Nov. 28.
STEMS will provide shared management services in support functions, such as finance, human resource, IT and procurement across the group.
In consolidating these support activities into STEMS, ST Engineering aims to achieve greater productivity. The company is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors.