ST Engineering to be reorganised into 2 main clusters
Commercial, and Defence & Public Security clusters to replace the sector-structure of Aerospace, Electronics, Land Systems and Marine in 2021
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Tay Peck Gek
Singapore
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.
The change in structure was announced in a regulatory filing on Tuesday, which ST Engineering said will position the group for its next phase of growth, and propel it towards becoming a global technology, defence and engineering powerhouse.
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