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Singapore Technologies Engineering Ltd (STEG.SI)

STEG.SI on Stock Exchange of Singapore

3.48SGD
18 Dec 2018
Change (% chg)

$-0.04 (-1.14%)
Prev Close
$3.52
Open
$3.49
Day's High
$3.50
Day's Low
$3.45
Volume
5,344,300
Avg. Vol
4,059,010
52-wk High
$3.70
52-wk Low
$3.16

Latest Key Developments (Source: Significant Developments)

Singapore Technologies Engineering Says Aerospace Arm Divests Shares In US Pilot Training Business
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Singapore Technologies Engineering Ltd ::ST ENGINEERING'S AEROSPACE ARM DIVESTS SHARES IN US PILOT TRAINING BUSINESS.SHARE SALE IS COMPLETED TODAY AT A CASH CONSIDERATION OF US$1.5M.  Full Article

Singapore Technologies Engineering Says Unit To Sell Leeboy India Construction Equipment
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Singapore Technologies Engineering Ltd ::UNIT TO DIVEST LEEBOY INDIA CONSTRUCTION EQUIPMENT PRIVATE TO POLYHOSE INDIA PRIVATE LTD FOR $1.05 MILLION.  Full Article

Singapore Technologies Engineering Says Unit Injects Capital into aircraft leasing business
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Singapore Technologies Engineering Ltd ::JOINT VENTURE COMPANY, KEYSTONES HOLDINGS (GLOBAL) PTE LTD INJECTED US$$8.5 MILLION INTO KEYSTONE 5 PTE. LTD.  Full Article

Singapore Technologies Engineering To Pursue Development Of MRO Complex For About $210 Mln
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Singapore Technologies Engineering Ltd ::PURSUING DEVELOPMENT OF A MRO COMPLEX; DEVELOPMENT COST FOR MRO COMPLEX IS ESTIMATED AT US$210 MILLION.ST ENGINEERING WILL INVEST US$35M.ST ENGINEERING WILL INVEST US$35 MLN INTO MRO COMPLEX, REST TO BE FUNDED BY STATE AND FEDERAL ORGANISATIONS.  Full Article

Singapore Technologies Engineering Says Electronics Arm Clinches New Contracts In Q3
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Singapore Technologies Engineering Ltd ::ELECTRONICS ARM CLINCHED ABOUT $435M WORTH OF CONTRACTS IN Q3.  Full Article

Singapore Technologies Engineering Announces Proposed Acquisition Of MRA Systems
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Singapore Technologies Engineering Ltd ::ANNOUNCES PROPOSED ACQUISITION OF MRA SYSTEMS, LLC BY ST ENGINEERING'S AEROSPACE SECTOR.AGGREGATE PURCHASE CONSIDERATION OF US$630M.NET CONSIDERATION OF US$440M AFTER CLOSING ADJUSTMENTS WILL BE SATISFIED FULLY IN CASH.PROPOSED ACQUISITION IS EXPECTED TO BE EARNINGS ACCRETIVE FOR GROUP & ITS AEROSPACE SECTOR.  Full Article

Singapore Technologies Engineering's Aerospace Sector Signs Contract With Jet Airways
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Singapore Technologies Engineering Ltd ::AEROSPACE SECTOR SIGNS ADD-ON ENGINE MAINTENANCE AGREEMENT WITH JET AIRWAYS.CONTRACT IS NOT EXPECTED TO HAVE ANY MATERIAL IMPACT ON EARNINGS PER SHARE OF ST ENGINEERING FOR CURRENT FY.JET AIRWAYS' AND JETLITE'S ENTIRE FLEET OF 80 737NGS TO BE COVERED; CONTRACT VALUE TOTAL OF ABOUT $700 MILLION.CO TO PROVIDE ENGINE MRO SOLUTIONS, OFF-WING ENGINE MAINTENANCE SUPPORT, ON-WING SERVICES & TECHNICAL SUPPORT.SERVICES WILL BE PROVIDED OVER A PERIOD OF 6 YEARS STARTING FROM 2019.  Full Article

Singapore Technologies Engineering Announces Amalgamation Of ST Kinetics Integrated Engineering Pte Ltd
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Singapore Technologies Engineering Ltd ::ST KINETICS INTEGRATED ENGINEERING PTE LTD (KIE) IS AMALGAMATED WITH ST ENGINEERING LAND SYSTEMS LTD.  Full Article

Singapore Technologies Engineering Q2 Profit Attributable S$117.5 Mln
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Singapore Technologies Engineering Ltd ::Q2 REVENUE S$ 1,651 MILLION VERSUS S$ 1,707 MILLION.QTRLY PROFIT ATTRIBUTABLE S$ 117.5 MILLION VERSUS S$106.8 MILLION.BOARD HAS APPROVED TO MAINTAINING INTERIM DIVIDEND AT 5.0 CENTS PER ORDINARY SHARE.ORDER BOOK OF S$13.4 BILLION AT END JUNE 2018.EXPECTS TO DELIVER S$2.7B OF ORDERS IN REST OF 2018.  Full Article

Singapore Technologies Engineering Says Electronics Arm Secured S$764 Mln Contract Wins In Q2
Friday, 20 Jul 2018 

July 20 (Reuters) - Singapore Technologies Engineering Ltd ::ELECTRONICS ARM SECURED S$764 MILLION CONTRACT WINS IN 2Q2018.  Full Article

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Singapore's ST Engineering to buy aircraft part maker from GE for $630 million

SINGAPORE Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million.