The Business Times

ST Engineering

Companies & Markets

ST Engineering’s US unit among defendants in UPS plane crash lawsuit

Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace

In his role, Kwa will provide strategic oversight, strengthen partnerships and relationships in Singapore and support UBS' growth and innovation across the region.
Companies & Markets

UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia

He will take over the new role on Dec 1

The divestment will yield a one-off gain of around S$48 million, based on the S$60.2 million carrying value for Starco.
Companies & Markets

ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan

Partners conclude partnership to focus on their own growth plans

Some 12.5 million ST Engineering shares changed hands on Thursday.
Companies & Markets
HOT STOCK

ST Engineering shares rise 4.7% on revenue increase, special dividend

Its nine-month revenue is up 9% year on year at S$9.1 billion

Demand for ST Engineering's engine maintenance, repair and overhaul activities is said to be strong.
Companies & Markets
BROKERS’ TAKE

Analysts mixed on ST Engineering amid impairment from iDirect; CGS International upgrades to ‘add’

Increasing defence contract wins of the group appeal to certain analysts

ST Engineering's satellite communications subsidiary iDirect Group faces a weakening operating environment.
Companies & Markets

ST Engineering posts 9% rise in 9M revenue to S$9.1 billion

The group proposes a special dividend of S$0.05 per share

The group's commercial aerospace segment clinched several new contracts across its MRO as well as its aerostructures and systems sub-units.
Companies & Markets

ST Engineering bags new contracts worth S$4.9 billion in Q3 2025

For the nine months ended Sep 30, the company’s total contract wins amount to S$14 billion

The Cybersecurity Centre of Excellence will begin operations on Dec 1, with an initial headcount of 26 cybersecurity experts.
Companies & Markets

ST Engineering to hire more cybersecurity experts as it launches new innovation hub

The facility will advance agentic AI solutions and cultivate talent pipelines

The Straits Times Index is up 3.4% for the week.
Capital Markets & Currencies

Singapore shares continue to climb; STI up 0.4%

Across the broader market, gainers beat losers 336 to 247, as 1.6 billion securities worth S$1.7 billion change hands

EDB managing director Jermaine Loy said Singapore accounts for 10% of global MRO output, and close to 20% of global engine MRO output.
Companies & Markets

ST Engineering to hire over 300 technicians and engineers as it doubles engine MRO capacity

This marks another significant hiring commitment by the local giant

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