SIA Engineering Company Limited announced Memorandum of Understanding to potentially lease two hangars at Sultan Abdul Aziz Shah Airport, Selangor, Malaysia, from Impeccable Vintage Properties Sdn Bhd, a wholly owned subsidiary of Malaysia’s sovereign wealth fund Khazanah Nasional Berhad.
The signing of this contract is a major accomplishment for SIAEC since it creates its third base maintenance hub in the Asia-Pacific area. With the construction of the Subang Hangars, which can each hold two wide-body aircraft, SIAEC will be better equipped to provide complete maintenance, repair, and overhaul services for both current and next-generation aircraft to its growing list of airline clients.