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Rolls-Royce board visits Singapore

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Rolls-Royce Plc
: 14 March, 2007  (New Product)
Rolls-Royce board visits Singapore
Rolls-Royce has this week underlined its commitment to Singapore by holding meetings of the Rolls-Royce Board and the newly-created International Advisory Board on the island. The meetings took place on 13 and 14 March at historic locations such as The Art House - the former Parliament House - and the Asian Civilisation Museum.

Delegates include Rolls-Royce Chairman, Simon Robertson, and Chief Executive, Sir John Rose, together with the Rolls-Royce directors. The newly-formed International Advisory Board is also holding its inaugural meeting in Singapore under the chairmanship of Lord Powell of Bayswater.

Simon Robertson said: 'The decision to hold these important meetings here underlines the significance which Rolls-Royce attaches to Singapore as a place to do business. The company has increased its commitment to Singapore, where we now employ nearly 1000 highly skilled people.

'All four of our business sectors civil aerospace, defence aerospace, marine and energy are well established in Singapore and continue to look for opportunities to increase our investment in this important business centre.'

During its two-day stay in Singapore, the Board and IAB attended a presentation by the Economic Development Board of Singapore (EDB), which last November presented the company with its Distinguished Partner in Progress (DPIP) Award. The Chairman and Board members also visited Singapore Aero Engines Services Limited (SAESL), Rolls-Royce's major aero-engine maintenance, repair and overhaul joint venture with SIA Engineering Company, and Singapore Airlines, where they were welcomed by CEO, Chew Choon Seng.

Lim Siong Guan, Chairman of the EDB said: 'I am delighted that Singapore is the chosen location for this visit by the Rolls-Royce Boards. It is a validation of our success in distinguishing Singapore as an international hub ideal for business and investments.

'Rolls-Royce is a long-term partner of Singapore, contributing significantly to Singapore's economic development, an achievement marked by the Distinguished Partners in Progress Award last year.'

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