SG Dealbook: Sitra Holdings forms JV; ST Engineering writes off $61m

SG Dealbook: Sitra Holdings forms JV; ST Engineering writes off  $61m

Skyline of Singapore financial centre. Credit:Flickr/Paul Chaloner

Sitra Holdings forms a joint venture company through wholly-owned subsidiary to undertake its agricultural product distribution business while ST Engineering writes off a $61 million charge as its Chinese joint venture units ceases production.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter