PWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups.

SINGAPORE (Dec 18): KGI Securities has highlighted nine stocks in the MSCI Singapore Index that are currently undervalued, even as they each offer a FY18 dividend yield of more than 3.5%. According to KGI, the nine stocks – ComfortDelGro Corporation, United Overseas Bank (UOB), Keppel Corporation...

PWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with a lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups.

SINGAPORE (Dec 10): In a recent report, KGI Securities highlighted some dividend-yielding stocks in a one-page report titled “High Dividend Watchlist”. According to the broker, these stocks offer higher growth compared with real estate investment trusts (REITs), but are more volatile. The amou...

SINGAPORE (Nov 30): UOB KayHian is maintaining “market weight” on the local aviation sector, while its top “buy” picks remain SATS and ST Engineering, which have been given price targets of $5.40 and $4.06, respectively. The research house has lowered its full-year net profit estimate for S...

SINGAPORE (Nov 30): OCBC Investment Research is maintaining “neutral” on the Singapore industrials sector, indicating a preference for ST Engineering and Singapore Airlines (SIA) due to their earnings resilience and low valuations, respectively. Both stocks have been rated “buy” with fair v...

THE marine arm of defence and engineering group, Singapore Technologies Engineering (STE), is poised to clinch a contract valued at under S$400 million with Singapore's Police Coast Guard (PCG).

SINGAPORE (Nov 26): Grab and Go-Jek, the Southeast Asian ride-hailing platforms that were disrupting traditional banking services by offering electronic payments and other financial services, have since formed alliances with banks as part of their aggressive expansion plans. Now, their services are...

SINGAPORE (Nov 29): ST Engineering and the Singapore Economic Development Board (EDB) are teaming up to build new engines of growth by creating globally competitive industry ecosystems in Singapore. On Thursday, ST Engineering and EDB signed a Memorandum of Understanding (MOU) for a strategic growt...

THE marine arm of Singapore Technologies Engineering (ST Engg) is expected to land a contract in excess of S$200 million, possibly its most significant win this year for its yard in Singapore.

ACROMEC, a specialist engineering firm, said that the group is expected to report losses for fiscal 2018. This period refers to the 12 months ended Sept 30, 2018.

Submitted By:  Luz Wendy Noble Case Study:  No Dairy Farm's returns soared to 19.2% YTD. The top five best performing Straits Times Index (STI) stocks saw avera...

SINGAPORE-BASED technology company Sendhelper has raised S$610,000 in seed funding, led by Captii Ventures.

SINGAPORE (Nov 17): ST Engineering’s latest third-quarter results have shown improvements in profitability in three of its four key business units of aerospace, electronics, land systems and marine. In addition to the main four, there is an “others” unit, which lumps together shared services,...

Submitted By:  Sandra Sendingan Case Study:  No Aerospace sales are poised to grow by 26.2% in 2019. read more

SINGAPORE (Nov 15): OCBC Investment Research and RHB Research are maintaining ST Engineering at “buy” with target prices of $3.95 and $3.97 respectively. ST Engineering reported a 1% y-o-y rise in revenue to $1.6 billion and a 5.3% increase in net profit to $134.6 million in 3Q18, bringing 9M18...

SINGAPORE Technologies Engineering (ST Engg) intends to tap the debt market for the US$630 million takeover of General Electric's MRA Systems LLC (MRAS), its executives said on announcing an increase in third-quarter profit for the conglomerate this year.

The U.S. National Transportation Safety Board opened an investigative hearing on Wednesday into the fatal engine explosion on a Southwest Airlines Boeing 737 that killed one passenger.

Submitted By:  Luz Wendy Noble Case Study:  No Earnings per share grew 5% to $0.432. ST Engineering’s Q3 profits rose 5.3% YoY from $127.82m to $132.59m, an a...

SINGAPORE (Nov 14): ST Engineering reported a 5.3% increase in 3Q18 earnings to $134.6 million, compared to $127.8 million in 3Q17. This brings 9M18 earnings to $369.8 million, 10.5% higher than $334.5 million in 9M17. During the quarter, revenue rose 1% to $1.63 billion from $1.61 billion last yea...

THIRD-QUARTER net profit for Singapore Technologies Engineering (ST Engineering) went up by 5 per cent as improved bottomline contributions from aerospace, electronics and land systems more than offset declines seen in two other divisions.

Submitted By:  Luz Wendy Noble Case Study:  No One contract in the US was worth $331m. read more

ST Engineering announced on Tuesday that its marine sector secured about S$431 million worth of contracts in the third quarter, including options for its shipbuilding business, as well as the ship and rig repair segments for progressive deliveries at its yards in Singapore and the US.

ST Engineering announced on Tuesday that it secured about S$431 million worth of contracts in the third quarter, including options for its shipbuilding business, as well as the ship and rig repair segments for progressive deliveries at its yards in Singapore and the US.

SINGAPORE (Oct 31): ST Engineering says its marine arm has secured $431 million worth of new contracts for 3Q18. The contracts include options for its shipbuilding business, as well as the ship and rig repair segments for progressive deliveries at its yards in Singapore and the US. The group’s US...

Submitted By:  Arianna Danganan Case Study:  No It will invest into the development of a 665,000 sqft complex worth $290m. ST Engineering is pursuing the developmen...

THE following companies saw new developments which may affect trading of their shares on Monday:

SINGAPORE (Oct 29): ST Engineering has agreed to jointly develop a 655,000 sf airframe maintenance, repair and overhaul (MRO) complex at the Pensacola International Airport as part of the group’s capacity expansion for its MRO business in the US. The development will be undertaken by ST Engineer...

SINGAPORE Technologies Engineering (ST Engineering) is jointly investing in an aircraft maintenance, repair and overhaul (MRO) project in the United States, along with various American government-linked development partners, under a tie-up inked last Saturday and announced on Monday morning...

ST Engineering has bagged a contract to install its Platform Screen Doors solution for the Jabodebek Light Rail Transit (LRT) system under construction in Jakarta.