Following recent management changes, rail operator SMRT Corp is paring down a subsidiary which was set up four years ago to market engineering services overseas.
Singapore Rail Engineering (SRE) had a joint venture with Japan's Toshiba to use and market its train motors. It had also tied up with France's Faiveley Transport to supply train maintenance and repair services in South-east Asia.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?