Singapore Technologies Engineering (ST Engineering)

Broker's Calls

ST Engineering should continue to 'outperform the STI' apart from potential second wave of infections: RHB

SINGAPORE (June 19): While overall profit will decline on weaker demand, supply chain, as well as workforce disruption owing to the Covid-19-induced lockdowns around the world, RHB analyst Shekhar

Tech

ST Engineering advances Singapore’s Smart City transformation with wins at IDC Smart City Asia Pacific Awards

SINGAPORE (June 17): Singapore Technologies Engineering (ST Engineering) announced Wednesday that its smart lighting solution and on-demand autonomous buses have been recognised as winning solution

AVIATION & ENGINEERING

ST Engineering reports order book of $16.3 bil, projects lower FY20 revenue in 1Q market update

SINGAPORE (May 15): The impact of the Covid-19 global pandemic has led ST Engineering to suffer a reduction in customer demand, supply chain disruption, and workforce disruption.

Contracts

ST Engineering secures $1.8 bil worth of contracts in 3Q

SINGAPORE (Oct 21): Singapore Technologies Engineering (ST Engineering) says that its Aerospace and Electronics sectors have secured new contracts worth a total of $1.8 billion for 3Q19.

Cybersecurity

SGInnovate partners ST Engineering, Tegasus International to boost cybersecurity capabilities

SINGAPORE (Oct 1): SGInnovate, a government-owned firm nurturing deep tech startups in Singapore, is partnering ST Engineering and cybersecurity company Tegasus International to launch a

MULTI-INDUSTRY

ST Engineering, Haw Par, Hotel Properties win top spots for second year running

SINGAPORE (Sept 16): Even as international markets and companies are falling prey to rising volatility, Singapore Technologies Engineering is powering through the macroeconomic unc

Joint ventures and alliances

ST Engineering and Rheinmetall of Leopard tank fame sign cooperation MOU

SINGAPORE (Sept 10): ST Engineering and Germany's Rheinmetall will collaboratively pursue business opportunities for development and sales of defence products, systems and solutions.

Markets

'Blizzard' strikes North America; Yangzijiang plunges, KrisEnergy seeks bankruptcy protection

SINGAPORE (Aug 19): On Wednesday, US markets plunged on recession fears after the yield on the 10-year US Treasury Note broke below the two-year rate, producing an inverted curve, an indicator of e

Results

New acquisition boosts ST Engineering's 2Q earnings to $138 mil as order book hits record high

SINGAPORE (Aug 14): ST Engineering, the technology, defence and engineering conglomerate, powered to earnings of $138.2 million, or 4.43 cents per share, for the 2Q19 ended June, some 18% higher th

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