0508 GMT - SIA Engineering looks well-poised to ride growing demand for maintenance, repair and overhaul services, OCBC Group Research's Ada Lim says in a report. Its second hangar in Malaysia's Subang is expected to be operationally ready in 2H FY 2027 and will likely significantly increase its heavy maintenance capacity, the analyst says. The MRO services provider has also started line maintenance operations in Manila. OCBC likes that the Singapore-listed company has been actively investing in capacity expansion to benefit from increased MRO demand. It upgrades the stock to buy from hold and raises the fair value estimate to S$4.05 from S$3.68. Shares are 2.8% lower at S$3.47. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 20, 2026 00:09 ET (05:09 GMT)
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