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Singapore Technologies Engineering Ltd (STEG.SI)

STEG.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Singapore Technologies Engineering says ‍ST Aerospace secures 15-year contract
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Singapore Technologies Engineering Ltd :‍ST Aerospace secures 15-year contract for 787 aircraft component support for Gulf Air​.  Full Article

Singapore Technologies Engineering says VT Halter Marine awarded a contract
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Singapore Technologies Engineering Ltd ::US shipyard, VT Halter Marine awarded a contract by Quality Liquefied Natural Gas Transport, LLC​.  Full Article

Singapore Technologies Engineering posts qtrly profit attributable S$ 128.4​ mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Singapore Technologies Engineering Ltd :Qtrly profit attributable S$‍128.4​ million versus S$76.7 million.Qtrly revenue S$1,622​ million versus S$1,613 million.‍No interim dividend for quarter ended 30 September 2017 is recommended.​.‍Order book of S$13.3 billion at end September 2017​.‍Barring unforeseen circumstances, group's revenue and PBT for FY2017 are expected to be comparable to FY2016​.  Full Article

Singapore Technologies Engineering says ST marine formed concession co with Tuas Power
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Singapore Technologies Engineering Ltd ::ST Marine formed concession company with Tuas Power to undertake Jurong Island desalination plant project​.  Full Article

Singapore Technologies Engineering says Land Systems arm injects capital into Technicae
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Singapore Technologies Engineering Ltd :Injected about S$4.3 million into Technicae Projetos E Serviços Automotivos LtdA (Technicae) as working capital.Injection not expected to have material impact on earnings per share of co for current FY.  Full Article

Singapore Technologies Engineering's electronics arm bags contracts worth S$585m in Q3
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Singapore Technologies Engineering Ltd -:St Engineering's Electronics Arm Secures Contracts Worth About S$585m In 3q2017.Contracts not expected to have any material impact on consolidated eps of co for current financial year.  Full Article

Singapore Technologies Engineering says FY profit attributable S$484.5 mln
Thursday, 16 Feb 2017 

Singapore Technologies Engineering Ltd : FY profit attributable to shareholders s$484.5 million versus s$529.0 million . FY revenue s$6.68 billion versus s$6.34 billion . Group expects FY2017 revenue to be comparable, while PBT is expected to be higher than that of FY2016 . For aerospace sector, both revenue and PBT for FY2017 are expected to be comparable to that of FY2016 . For electronics sector, both revenue and PBT for FY2017 are expected to be higher than that of FY2016 . For land systems sector, revenue for FY2017 is expected to be comparable, while PBT is expected to be higher than that of FY2016 . for marine sector, revenue for FY2017 is expected to be comparable, while PBT is expected to be lower than that of FY2016 .Proposes a final dividend of 10.0 cents per share.  Full Article

Singapore Technologies Engineering updates on acquisition on Sp Telecommunications Pte Ltd
Wednesday, 18 Jan 2017 

Singapore Technologies Engineering Ltd : Singapore Technologies Electronics Limited (St Electronics), has entered into a conditional share purchase agreement . Deal for purchase consideration estimated at S$54mln . Agreement to acquire a 51% equity interest in Sp Telecommunications Pte Ltd (Sptel) from Singapore Power Limited .Transaction is not expected to have any material impact on consolidated net tangible assets per share and EPS of co for current FY.  Full Article

Singapore Technologies Engineering's land systems arm injects capital into Sdda Pte. Ltd.
Friday, 30 Sep 2016 

Singapore Technologies Engineering Ltd : Singapore technologies kinetics ltd has injected $31.2m into capital of its subsidiary, sdda pte. ltd. . St engineering's land systems arm injects capital into sdda pte. ltd. .Injection of capital is not expected to have any material impact on eps of st engineering for current financial year.  Full Article

Singapore Technologies Engineering says former Senior VP sentenced to 20 weeks imprisonment
Tuesday, 27 Sep 2016 

Singapore Technologies Engineering Ltd : Mok Kim Whang, former senior vp (Tuas Yard) of St Marine , was sentenced to total of 20 weeks' imprisonment .Senior vice president was sentenced to a total of 20 weeks' imprisonment and total fine of $100,000, in default 20 weeks' imprisonment.  Full Article

BRIEF-Singapore Technologies Engineering acquires repair assets in the US‍​

* It has paid US$25m (about S$34m) for repair assets of World Marine Of Mississippi LLC (wmm) Source text for Eikon: Further company coverage: