ST Engineering Secures Contracts Worth $1.8b for 3Q2019
* Contracts by the Aerospace sector worth about $1.0b
* Contracts by the Electronics sector worth about $833m
Singapore Technologies Engineering Ltd (ST Engineering) today announced that its Aerospace and Electronics sectors have secured new contracts with a combined value of about $1.8b for the third quarter (3Q) of 2019.
More details in
https://links.sgx.com/FileOpen/ST%20Engi...20Worth%20$1.8b%20in%203Q2019.ashx?App=Announcement&FileID=582429
29 Apr 2020 Issues US$750,000,000 1.50% Notes Due 2025
Plan to be listed in SGX
(click for news release)
Stay home and stay healthy, buddies
15 May 2020 Materials to be presented at 2:30pm today at STEngg eAGM
(click to read Vincent's ppt)
Other than ppt, there are also 21 Q&A and also a market update
(click to read Q&A)
(click for market update ppt)
Let me summaries for busy valuebuddies:
1. Essential servives aka sustainable businesses
2. But is not imumune to reduction in customer demand, supply chain and workforce disruptions
3. Dip into debt to acquired Newtec(iDirect Europe) and Glowlink to provide satcom-enabled 5G apps
4. Extract dividend Q&A as it's rather interesting for valuebuddies chasing for dividend:
Q19. Will shareholders be expecting a lower dividend payout over the next financial year?
Ans: The Group has a record of steady and consistent payout. For the past seven years, the Group has been consistently paying out 15 cents per share. The Group has a strong balance sheet to sustain long-term growth, the Group will want to continue rewarding its shareholders by creating long-term shareholders’ value.
Stay Home and Stay Healthy, everyone.
7 June 2020 Ransomware ST Engineering U.S. Subsidiary VT San Antonio Aerospace, Inc
https://links.sgx.com/FileOpen/20200607_...eID=616714
Threat is contained - disconnected affected systems from network, engage forensic advisors and notified authorities.
Business and operations not compromised.
Post-incident review to ensure data and systems remain safe and secure, deploying intrusion prevention/detection system and restor affected systems.
Further hardening of overall cybersecurity archtecture.
Stay home and stay safe, valuebuddies.
7 June 2020 Ransomware ST Engineering U.S. Subsidiary VT San Antonio Aerospace, Inc
https://links.sgx.com/FileOpen/20200607_...eID=616714
1. Threat is contained - disconnected affected systems from network, engage forensic advisors and notified authorities.
2. Business and operations not compromised.
3. Post-incident review to ensure data and systems remain safe and secure, deploying intrusion prevention/detection system and restore affected systems.
4. Further hardening of overall cybersecurity architecture.
Stay home and stay safe, valuebuddies.