Stocks to watch: ST Engineering, SGX, SIA, DBS, UOB, Venture, YZJ Shipbuilding, CapitaLand Investment

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Bapat Sara Manish

Published Thu, Apr 10, 2025 · 08:46 AM

ST Engineering's urban solutions business has secured a S$1.4 billion contract to provide turnkey rail services for the new Taichung mass rapid transit Blue Line. PHOTO: BT FILE

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 10).

ST Engineering: The company announced on Thursday that its urban solutions business has secured a S$1.4 billion contract to provide turnkey rail services for the new Taichung mass rapid transit Blue Line. The contracted scope covers a period of about 14 years, and is expected to start in the second quarter of 2025. Shares of ST Engineering closed 0.6 per cent or S$0.04 lower at S$6.30 on Wednesday.

Share buybacks

Singapore Exchange (SGX): The bourse operator on Wednesday purchased 150,000 shares for a total of S$1.8 million at the price range of S$12.08 to S$12.15 each, which will be held as treasury shares. The counter closed 0.8 per cent or S$0.10 higher at S$12.12, before the announcement.

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