Archive News in Year 2008

November 2008

ST Electronics Wins S$160m Communications & Integrated Supervisory Control Contracts From LTA

Singapore, 7 November 2008 — Singapore Technologies Electronics Limited (ST Electronics) today announced that it has won approximately S$160m worth of contracts from the Land Transport Authority of Singapore (LTA) for the supply of the Communications System of Marina Coastal Expressway (MCE) and the Communications System & Integrated Supervisory Control System for the Downtown Line (DTL) Mass Rapid Transit System. ST Electronics will begin work on both projects immediately. Its work on the MCE project is expected to be completed by 2013 and the DTL project by 2016.

These contracts are 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 and commission the entire Communications System of the MCE, including necessary modification works to the existing Kallang-Paya Lebar Expressway (KPE) Communications System to ensure seamless integration of the MCE and KPE Communications Systems.

MCE is a five-lane dual-carriageway expressway, with a total route length of about 5km of which about 3.6km is in the tunnel. It provides a new strategic underground east-west transport link between the KPE and the East Coast Parkway in the east and the Ayer Rajah Expressway in the west, with direct connections to the new Marina South financial centre.

Like the Circle Line, DTL will be operated as a fully automatic driverless system. It is approximately 40km long and will be fully underground.  ST Electronics will design, supply, install and commission the Communications and Integrated Supervisory Control Systems.  These systems will provide the Command, Control and Communication between trains, stations, depots and Operations Control Centre for an efficient, reliable and safe mode of transportation in Singapore.

ST Electronics is a leading solutions provider of road and rail transportation systems in Singapore and internationally.  Singapore’s modern transportation system is recognised as world class. We are privileged to have been supporting its development. Our continued commitment to improving and developing such state-of-the-art systems together with our customers and users is key to our success.

SEAH Moon Ming
President, ST Electronics

ST Electronics, which is also involved in the upcoming Circle Line, has since 1983 established a strong presence in the rail transportation market in Singapore, the Philippines, Taiwan, China, Thailand, the UAE and Turkey. It has deployed quality and comprehensive rail solutions for systems ranging from Integrated Command, Control and Communication Systems, Automatic Fare Collection Systems, Platform Screen Doors and 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 20 countries and 30 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 and control, modelling and simulation, interactive digital media, intelligent building management and information security. Please visit www.stee.stengg.com.

Media contact:

Magdalen Loh
AVP/Head, Corporate Communications
ST Electronics
Tel: (65) 6413 1788
Fax: (65) 6484 8840
Email: magloh@stee.stengg.com