ST Engineering

SINGAPORE (Sept 27): A consortium comprising Tuas Power and a unit of ST Engineering unit has won the contract to build Singapore’s fifth desalination plant.

SINGAPORE (Sept 6): RHB Research is initiating coverage on ST Engineering with a “buy” call and a target price of $4.07, on the back of a record-high orderbook.

SINGAPORE (Aug 29): ST Engineering’s land systems arm, ST Kinetics, has injected $10.2 million into SDG Kinetics.

SINGAPORE (Aug 25): Sunseap Group, the sustainable energy provider, has signed a 25-year solar power purchase agreement with ST Kinetics, the land systems and specialty arm of ST Engineering.

SINGAPORE (Aug 11): ST Engineering reported 12% lower 2Q17 earnings of $111.5 million compared to $127.3 million in 2Q16, impacted by the weak marine sector.

SINGAPORE (July 25): ST Engineering has announced two new initiatives as part of its efforts to reinforce its position as a technology and engineering leader by the means of “championing open innovation in an increasingly dynamic and competitive global

SINGAPORE (July 19): ST Engineering says its electronics arm, ST Electronics, secured about $490 million worth of contracts in the 2Q of 2017.

SINGAPORE (July 18): ST Engineering announced that its aerospace arm, ST Aerospace, has secured new contracts worth about $650 million in the 2Q17 ended June for services ranging from heavy airframe and engine maintenance, component repair and overhaul to

SINGAPORE (June 28): CIMB Research is downgrading SIA Engineering from "hold" to “reduce” with a lower price target of $3.86 in view of the stock’s expensive valuations and limited catalysts.

SINGAPORE (June 23): Mobility Systems (MSPL), a subsidiary of ST Engineering’s land systems arm ST Kinetics, has entered into an agreement to acquire the remaining 5.64% equity interest in Technicae Projetos e Serviços Automotivos (Technicae).