Edition:
United States

Singapore Technologies Engineering Ltd (STEG.SI)

STEG.SI on Stock Exchange of Singapore

3.49SGD
25 Sep 2017
Change (% chg)

$-0.02 (-0.57%)
Prev Close
$3.51
Open
$3.51
Day's High
$3.52
Day's Low
$3.48
Volume
3,362,300
Avg. Vol
2,992,960
52-wk High
$3.86
52-wk Low
$3.03

Latest Key Developments (Source: Significant Developments)

Singapore Technologies Engineering says unit buys minority interest in Janus Technologies​
Tuesday, 19 Sep 2017 06:30am EDT 

Sept 19 (Reuters) - Singapore Technologies Engineering Ltd :Singapore technologies engineering -‍st engineering ventures has made a series b investment of us$5.8m for a minority interest in janus technologies​.  Full Article

Singapore Technologies Engineering says unit injected S$10.2 mln into Leeboy India
Tuesday, 29 Aug 2017 05:12am EDT 

Aug 29 (Reuters) - Singapore Technologies Engineering Ltd :Singapore technologies kinetics injected s$10.2m into sdg kinetics for capital injection into leeboy india construction equipment​.  Full Article

Singapore Technologies Engineering acquires repair assets in the US‍​
Friday, 25 Aug 2017 05:19am EDT 

Aug 25 (Reuters) - Singapore Technologies Engineering Ltd :ST 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).  Full Article

Singapore Technologies says qtrly profit attributable S$111.5 million
Thursday, 10 Aug 2017 07:16pm EDT 

Aug 11 (Reuters) - Singapore Technologies Engineering Ltd :Board has approved to maintain interim dividend at 5 Singapore cents per ordinary share.Qtrly profit attributable S$111.5 million, down 12 percent.Qtrly group revenue S$1.76 billion, up 8 percent.‍"Barring unforeseen circumstances, group expects FY2017 revenue and PBT to be comparable to FY2016"​.Group expects to deliver S$2.1 billion of orders in rest of 2017.  Full Article

Singapore Technologies Engineering says electronics arm injects capital into Thai unit
Tuesday, 1 Aug 2017 05:52am EDT 

Aug 1 (Reuters) - Singapore Technologies Engineering Ltd :electronics arm injects capital into Thailand subsidiary.Singapore Technologies Electronics Limited has increased capital of its subsidiary, St Electronics by 310 mln baht​.capital injection not expected to have any material impact on consolidated eps of co for current financial year.  Full Article

Singapore Technologies Engineering says electronics arm secures contracts
Wednesday, 19 Jul 2017 05:15am EDT 

July 19 (Reuters) - Singapore Technologies Engineering Ltd ::Pdf 1: Singapore Technologies Engineering Ltd (St Engineering Electronics Arm Secures Contracts Worth About S$490m In 2q2017) <<>>.Contracts are not expected to have any material impact on consol net tangible assets per share & eps of co for current FY.  Full Article

Singapore Technologies Engineering says its aerospace arm secures new contracts
Tuesday, 18 Jul 2017 05:36am EDT 

July 18 (Reuters) - Singapore Technologies Engineering Ltd ::St Engineering's aerospace arm secures new contracts worth about S$650m in 2Q2017.Contracts not expected to have any material impact on consolidated EPS of ST Engineering for current FY.  Full Article

Singapore Technologies Engineering says Vision Technologies Land Systems and unit enters definitive agreement with Aethon, Inc
Monday, 17 Jul 2017 05:20am EDT 

July 17 (Reuters) - Singapore Technologies Engineering Ltd :Vision Technologies Land Systems, and its unit entered into a definitive agreement with Aethon, Inc.Deal for the acquisition of 100% interest in aethon.Proposed transaction is not expected to have any material impact on eps of co for current fy.Consideration based on an enterprise value of us$36m (approximately s$50m) will be payable by vtls.  Full Article

Singapore Technologies provides update on criminal proceedings against former employee of St Marine
Monday, 5 Jun 2017 07:04am EDT 

June 5 (Reuters) - Singapore Technologies Engineering Ltd ::Former group financial controller & senior VP finance of St Marine, sentenced to a fine of S$300,000 in default 30 weeks imprisonment.Refer to announcements in relation to criminal prosecution of former employees of St Marine.  Full Article

Singapore Technologies Engineering's aerospace arm injects capital into pilot training unit
Tuesday, 30 May 2017 05:23am EDT 

May 30 (Reuters) - Singapore Technologies Engineering Ltd :Singapore Technologies Engineering's aerospace arm injects capital into pilot training subsidiary.‍Capital injection is done through a capitalisation of existing intercompany loans into equity​.Capital injection is not expected to have any material impact on PS of Singapore Technologies engineering for current financial year.Singapore Technologies Aerospace Engineering Pte injected about US$21.5 mln into, Singapore Technologies aerospace Academy Pte.  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: