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Singapore Technologies Engineering (ST Engineering)
Results
ST Engineering reports 1HFY2023 earnings of $280.6 mil, up 0.2% y-o-y
A second interim dividend of 4.0 cents per share has been declared. It will be paid out on Sept 1.
August 11, 2023
Digital Economy
Republic Polytechnic optimises operations with 5G and edge computing via Pinnacle
Pinnacle is powered by M1’s purpose-built 5G standalone network and ST Engineering’s AGIL Edge Platform for 5G.
July 18, 2023
Disruption and Digitalisation
Keppel’s M1 launches next-gen MEC computing solution for businesses to embrace new digital capabilities
The MEC platform will allow M1 to tap into new revenue streams as it takes the complexity out of digital transformation.
July 18, 2023
Company in the news
ST Engineering liquidates specialty vehicles subsidiary in Mexico
The exercise is part of the group’s review to streamline its legal entity structure.
July 18, 2023
Singapore economy
DBS lowers STI target to 3,450; looks towards turnaround in 2H2023
Analysts Yeo Kee Yan and Foo Fang Boon have turned “neutral” on Singapore from their earlier “positive” rating.
July 06, 2023
Broker's Calls
UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian
Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
June 22, 2023
Company in the news
ST Engineering issues US$500 mil worth of notes with 4.125% coupon; net proceeds to be used by STE TransCore
The notes will be issued in denominations of US$200,000 and integral multiples of US$1,000 in excess thereof.
May 17, 2023
Results
ST Engineering reports 1QFY2023 revenue of $2.3 bil, 13% higher y-o-y
The higher revenue was attributed to the group’s base business growth and contribution from its acquisition of TransCore.
May 15, 2023
Broker's Calls
Brokers' Digest: Far East Hospitality Trust, ST Engineering, Food Empire Holdings
See what the analysts have to say this week.
May 12, 2023
Broker's Calls
Seven stocks to bet against and seven to slice, ahead of technical recession: DBS
DBS analysts Yeo and Foo see a downside risk to the STI at 3,180 points.
May 02, 2023