Stocks to watch: ST Engineering, Seatrium, Olam Group, Capitaland Ascott Trust, YZJ Financial, iFast
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[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 28).
ST Engineering : The group announced on Monday it secured new contracts worth about S$4.4 billion in the first quarter of 2025. In all, these comprised around S$1.3 billion from the commercial aerospace segment, S$2.7 billion from the defence and public security segment, and S$500 million from the urban solutions and satcom segment. The counter closed on Friday 1.2 per cent or S$0.09 lower at S$7.23, before the news.
Seatrium : It announced on Friday that Stephen Lu, its executive vice-president (EVP) for strategy, has been appointed as its new chief financial officer (CFO). Lu, whose new role will take effect from Apr 29, will continue to concurrently serve as EVP for strategy. This follows the resignation of Seatrium’s current CFO, Adrian Teng, who is leaving to pursue personal interests, the company said. Units of Seatrium closed 1.6 per cent or S$0.03 higher at S$1.96 on Friday, before the announcement.
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