0554 GMT - SIA Engineering's business outlook is likely improving, CGS International's Raymond Yap says in a research report. The analyst cites easing of supply-chain constraints and slew of new business initiatives that are expected to take off over the next 12 months. The provider of aircraft maintenance, repair and overhaul services is in the early stages of implementing a new enterprise operating system and artificial-intelligence tools that will probably boost productivity and output. Its new Base Maintenance Malaysia venture could increase the Singapore-listed company's heavy maintenance capacity by around 40% in terms of aircraft count. The brokerage raises the stock's rating to add from reduce and the target price to S$4.00 from S$3.10. Shares are 1.6% lower at S$3.64. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
November 07, 2025 00:54 ET (05:54 GMT)
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