ST Engineering’s to Start Electronics Subsidiary in Wuxi, China
Singapore Technologies Engineering Ltd (ST Engineering), announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has set up a wholly owned subsidiary, ST Electronics (Wuxi) Co. Ltd. in Wuxi, China with a paid up capital of RMB 20 million (approximately S$4 million). ST Electronics (Wuxi) Co. Ltd. is wholly owned by ST Electronics (Info-Software Systems) Pte. Ltd., which in turn, is a wholly owned subsidiary of ST Electronics.
ST Electronics (Wuxi) Co. Ltd. will provide software development, Information Technology training services and future e-Government solutions to ST Electronics’ customers.