Singapore: ST Engineering buys Aethon; ARA perpetual securities; Genting HK exit

A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

19 July, 2017

ST Engineering acquires US robotics firm Aethon while ARA Asset Management issues S$300-million perpetual securities and Genting HK has disposed off its stake in ASX-listed Star Entertainment.

ST acquires robotics firm Aethon Inc

Singapore Technologies Engineering Ltd (ST Engineering) has acquired robotics firm Aethon Inc through Vision Technologies Land Systems, Inc. (VTLS), and its wholly- owned subsidiary, VT Robotics, Inc. (VT Robotics).