ST Engg in Forbes' most innovative companies list

Singapore

ST ENGINEERING is the only company in Singapore to make it to Forbes' list of "The World's Most Innovative Companies".

The Singapore-listed defence-related group is ranked 87 out of 100 companies globally, and boasts of an Innovation Premium (IP) of 33.6 per cent. IP is a measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets).