SINGAPORE (May 14): Specialist engineering services provider Acromec reversed out of the red with earnings of $64,000 in the half-year ended March, compared to losses of $2.4 million a year ago. HY18 revenue grew 6% to $22.2 million, from $21.0 million a year ago. This was due to the stable level of...

SINGAPORE (May 14): RHB Research is keeping its “buy” call on ST Engineering (STE) with an unchanged target price of $4.04 despite a 1Q18 that came in slightly below expectations. STE saw a 17.8% rise in 1Q18 earnings to $117.7 million, as revenue rose 9% to $1.65 billion on higher contribution ...

SHARES in Singapore Technologies Engineering (ST Engineering) fell seven cents to close at S$3.39 on Friday even as it posted a near 18 per cent rise in Q1 net profit to S$117.7 million.

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

DEFENCE and engineering group Singapore Technologies Engineering (ST Engineering) posted an 18 per cent rise in first-quarter profit attributable to shareholders to S$117.7 million from S$99.9 million the year ago.

ORANGE Valley Nursing Homes, a subsidiary of Invest Healthcare, has partnered companies such as StarHub and ST Engineering to test aged-care technologies for its new smart nursing home in Balestier.

SINGAPORE'S largest private nursing home operator, Orange Valley Nursing Homes, announced that it has partnered companies such as StarHub and ST Engineering to trial aged-care technology to improve staff productivity and delivery of clinical care services.

(May 2): Larsen & Toubro Ltd., India’s largest engineering and construction company, has agreed to sell its electrical unit to a consortium led by Schneider Electric SE, people with knowledge of the matter said. A deal, which values Larsen’s electrical and automation division at about 140 bi...

AT THE Bristol Robotics Laboratory in southwest England, dozens of tiny metal machines were poised to dance over a shiny white surface in "swarming" experiments to track how they organise themselves and work together.

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

The unit, which ended production in 2016 amid operating losses, failed to divest its land and building assets. The post Temasek-controlled ST Engineering’s China unit files for bankruptcy appeared first on DealStreetAsia.

A SINGAPORE Technologies Engineering (ST Engineering) subsidiary has filed a bankruptcy petition in China, the Temasek-controlled technology, defence and engineering group said on Monday.

SINGAPORE (Apr 23): SMRT Corp CEO Desmond Kuek is stepping down after 5½ years at the helm. It isn’t clear what his successor Neo Kian Hong can do to improve the public’s perception of the company. Kuek took the reins at a time when public satisfaction with the train service was close to a low....

HANNOVER: A total of 19 Singapore companies are showcasing their newest ideas and products at Hannover Messe – the world’s largest trade fair for industrial technology – in Hannover, Germany from Monday (Apr 23) to Friday (Apr 27). These companies include Singapore Technologies Kinetics ...

SINGAPORE (Apr 19): ST Engineering announced that its electronics arm, ST Electronics, has secured $635 million worth of contracts in 1Q18. The contracts include solutions in mobility, satellite communications, Internet of Things (IoT), public safety and security, cybersecurity and defence. ST Elect...

THE electronics arm of Singapore Technologies Engineering (ST Engineering) has secured a range of smart technologies contracts worth a total of S$635 million in the first quarter of 2018, it said on Thursday evening.

THE electronics arm of Singapore Technologies Engineering (ST Engineering) has set up a subsidiary in Chongqing to better support the company's projects in China, it said on Wednesday evening.

EXECUTIVES in Singapore and China may now have an easier time identifying new cross-border business counterparts and building trust in each other.

SINGAPORE (Apr 12): Here are some stocks that could move the market this Thursday morning: ST Engineering announced Wednesday that its aerospace arm, ST Aerospace, has secured new contracts worth about $510 million in the first quarter of 2018. The new contracts range from services for heavy mainten...

THE aerospace arm of Singapore Technologies Engineering (ST Engineering) announced on Wednesday it has secured some S$510 million in new contracts - ranging from heavy maintenance to engine wash - for the first quarter of 2018.

SINGAPORE (Apr 11): ST Engineering announced Wednesday that its aerospace arm, ST Aerospace, has secured new contracts worth about $510 million in the first quarter of 2018. The new contracts range from services for heavy maintenance to engine wash. These include heavy maintenance contracts awarded ...

GETTING there can be a hassle - taking up to 24 hours by plane. Communication will be a bother - with most people there speaking only Portuguese or Spanish. But despite these challenges, the Latin American region is an increasingly important one for Singapore tech companies, The Business Tim...

Submitted By:  Danielle Isaac Case Study:  No Only 59% of employees are engaged in work, compared to 76% in Indonesia. Only 59% of employees in Singapore are engage...

Submitted By:  Danielle Isaac Case Study:  No Vincent Chong is positive the US Yard will be able to contract for the US Navy given the 20% rise in naval spending. S...

Submitted By:  Danielle Isaac Case Study:  No It is eyeing to double this in 2022 through acquisitions and organic growth. According to DBS Equity Research analyst ...

BROKERS UOB Kay Hian, CIMB and Maybank have issued a "buy" rating on ST Engineering (STE) as they expect the company to record higher earnings from its smart city and marine segments.

HYFLUX executive chairman and group chief executive Olivia Lum will retire from the board of Singapore Technologies Engineering (ST Engineering) with effect from April 20.

HYFLUX executive chairman and group chief executive Olivia Lum will retire from the board of Singapore Technologies Engineering (ST Engineering) with effect from April 20.

Submitted By:  Danielle Isaac Case Study:  No It inked a deal with Surbana Jurong and Changi Airport Planners and Engineers to collaborate on future projects. ST En...