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Singapore Technologies Engineering Ltd (STEG.SI)

STEG.SI on Stock Exchange of Singapore

3.40SGD
15 Oct 2018
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$-0.03 (-0.87%)
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Latest Key Developments (Source: Significant Developments)

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

Singapore Technologies Engineering Says Its Aerospace Sector Secured Contracts Worth S$510 Mln In Q2
Monday, 16 Jul 2018 

July 16 (Reuters) - Singapore Technologies Engineering Ltd ::AEROSPACE SECTOR SECURED NEW CONTRACTS WORTH ABOUT S$510M IN Q2.  Full Article

Singapore Technologies Engineering Signs MoU With JTC
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Singapore Technologies Engineering Ltd ::SIGNS MOU WITH JTC TO DEVELOP AN OPEN DIGITAL PLATFORM FOR PUNGGOL DIGITAL DISTRICT.  Full Article

Keppel Corporation Says Unit & Singapore Technologies Engineering Signed MoU
Monday, 9 Jul 2018 

July 9 (Reuters) - Keppel Corporation Ltd ::UNIT & SINGAPORE TECHNOLOGIES ENGINEERING SIGNED A MEMORANDUM OF UNDERSTANDING.MOU NOT EXPECTED TO HAVE MATERIAL IMPACT ON CO AND ST ENGINEERING FOR FINANCIAL YEAR ENDING 31 DECEMBER 2018.DEAL TO IMPLEMENT SMART CITY MASTERPLANS.  Full Article

Singapore Technologies Engineering Sells 25 Pct Airbus Helicopters Southeast Asia Pte Stake
Friday, 29 Jun 2018 

June 29 (Reuters) - Singapore Technologies Engineering Ltd ::AEROSPACE ARM DIVESTS SHARES IN AIRBUS HELICOPTERS SOUTHEAST ASIA PTE LTD.CONSIDERATION FOR 25 PERCENT STAKE IS EUR9.125 MLN.SELLS 25 PERCENT STAKE IN AIRBUS HELICOPTERS SOUTH EAST ASIA PTE TO AIRBUS HELICOPTERS SAS.  Full Article

Singapore Technologies Engineering Posts Q1 Profit Attributable To Shareholders S$117.7 Mln
Friday, 11 May 2018 

May 11 (Reuters) - Singapore Technologies Engineering Ltd ::Q1 PROFIT ATTRIBUTABLE TO SHAREHOLDERS S$117.7 MILLION VERSUS S$99.9 MILLION.GROUP REMAINS ON TRACK FOR STEADY GROWTH.Q1 REVENUE S$1,647 MILLION, UP 9 PERCENT.  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.