Singapore Airlines Engineering Company (SIAEC) announced the lease of hangar facilities at Subang Airport on the outskirts of Kuala Lumpur in Malaysia on December 20, 2023.
The company has signed a Memorandum of Understanding (MoU) with Impeccable Vintage Properties – a wholly owned subsidiary of Malaysia’s sovereign wealth fund Khazanah Nasional
Berhad, for the potential lease of two hangars at Sultan Abdul Aziz Shah Airport. The initial term of the lease is 15 years, with an option to renew for a further 15 years.