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Latest NewsSeptember 2008ST Engineering’s Electronics Arm Wins S$112m Contract From Land Transport Authority Singapore, 1 September 2008 — Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has won a S$112m contract from the Land Transport Authority of Singapore (LTA) for the supply of Half Height Platform Screen Doors (HHPSD) and its associated works for all existing elevated Mass Rapid Transit (MRT) stations. Work will commence in September this year and is expected to be completed in 2012. This contract award is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. ST Electronics will design, supply, install and commission the HHPSD and deliver associated works for all 36 existing elevated MRT stations. This is the first such HHPSD retrofit project in Singapore and when completed in 2012, will further enhance commuter safety at all elevated MRT stations.
ST Electronics has established a strong presence in the rail transportation market in Singapore, the Philippines, Taiwan, China, Thailand, the UAE and Turkey since 1983. It has deployed quality rail solutions for systems ranging from Integrated Command, Control and Communication Systems, Automatic Fare Collection Systems, Platform Screen Doors to Maintenance Management Systems. ST Electronics, the electronics arm of ST Engineering, delivers innovative system solutions to government, commercial, defence, and industrial customers worldwide. With presence in more than 18 countries and 28 cities, ST Electronics markets its solutions to more than 70 countries internationally. It specialises in the design, development and integration of advanced electronics and communications systems, such as broadband radio frequency and satellite communication, e-Government solutions, information communications technologies and IT, rail and traffic management, real-time command & control, training and simulation, interactive digital media, intelligent building management and information security. Please visit www.stee.stengg.com. ST Engineering is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. Headquartered in Singapore, the Group reported revenue of $5.05b in FY2007 and ranks among the largest companies listed on the Singapore Exchange. ST Engineering has more than 18,000 employees worldwide, and over 100 subsidiaries and associated companies in 21 countries and 35 cities. Please visit www.stengg.com. Media contact:Sharolyn Choy Magdalen Loh
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The award of this contract further reflects LTA’s confidence in ST Electronics’ capability in delivering complex large-scale rail transportation systems and it is another testimony of our ability to deliver quality, reliable and cost effective rail system. ST Electronics is proud to be undertaking such a prestigious and important project that will enhance commuter safety.
SEAH Moon Ming,
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