ST ENGINEERING remains a defensive, safe-haven pick, amid better-than-expected order wins in the third quarter and a new, leaner organisational structure, according to analysts.

Analysts from CGS-CIMB, DBS Group Research and OCBC Investment are positive on Singapore Technologies Engineering (ST Engineering) after the group posted better-than-expected order wins for the 3QFY2020. See: ST Engineering expects FY2020 revenue to be 'close to midpoint' of 5% to 15%...

ST Engineering remains a defensive, safe-haven pick, amid better-than-expected order wins in the third quarter and a new, leaner organisational structure, according to analysts from DBS Group Research and CGS-CIMB.

MAINBOARD-LISTED ST Engineering won at least S$1.7 billion in new orders in the third quarter to September, and expects the momentum to carry through in the fourth quarter.

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No Revenue is expected to be b...

MAINBOARD-LISTED ST Engineering expects full-year revenue to be around 10 per cent lower for FY2020 than in FY2019, it said in its third-quarter business update on Wednesday.

THE following companies saw new developments that may affect trading of their securities on Wednesday.

In its 3QFY2020 business update released on Nov 18, Singapore Technologies Engineering (ST Engineering) says it expects its revenue for the FY2020 to be “close to the midpoint” of its expected 5% to 15% decline from its figures posted in FY2019. The company posted its revenue guidance previously...

MAINBOARD-LISTED ST Engineering will be reorganised into two main clusters from the new year - Commercial, and Defence & Public Security, which replace the sector-structure of Aerospace, Electronics, Land Systems and Marine.

ST Engineering will be reorganising itself into two main units, as it ditches the land, sea, air and electronics sector-based structure that has defined the company for decades. With effect from the new year, ST Engineering will be reorganised as commercial and defence and public security clusters.&...