Latest News

February 2009

ST Electronics Wins Additional Contracts For Sentosa Integrated Resort Project

Singapore, 11 February 2009 —Singapore Technologies Electronics Limited (ST Electronics) today announced that it has been awarded additional contracts worth about S$6.8m to provide an Integrated Security System, an IT Infrastructure System and a Carpark Guidance & Payment System to Resorts World at Sentosa (RWS).  This brings the total contract value for the Integrated Resort (IR) at Sentosa with RWS to S$92.8m.  The contracts were awarded through ST Electronics’ subsidiary, ST Electronics (Info-Comm Systems) Pte. Ltd.

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.

These contracts add to the ones signed in December last year and will be delivered over the next 22 months.  The contracts include centrally managed security system for real-time surveillance and monitoring of daily security operations, integrated network infrastructure for transmission of information and an intelligent carpark system.  The systems will be implemented for RWS’ attractions in the west zone of the resort – the Equarius Hotel, ESPA, Spa Villas, Marine Life Park and Equarius Water Park and the Maritime Xperiential Museum.

The award of these additional contracts is a testimony to RWS’ confidence in ST Electronics’ solutions. We are delighted that our proven technologies, related services and expertise will be showcased in Singapore’s landmark IR project.

SEAH Moon Ming
President, ST Electronics

ST Electronics (Info-Comm Systems) is a wholly-owned subsidiary of Singapore Technologies Electronics Limited. It is a leading solutions house in the Asia Pacific region for infocommunications, advanced electronics and intelligent transportation businesses. From design and development to production, system integration, maintenance and enhancement, it has become a one-stop solutions house and a strong partner for its commercial, government, defence and homeland security customers worldwide. Its core business areas include emergency response and integrated security & surveillance systems, e-Government infocommunication and enterprise solutions, intelligent traffic and advanced fleet management systems, infocommunication security products and solutions, and managed operations services.

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 30 cities in 20 countries, 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
Singapore Technologies Electronics Limited
Tel: (65) 6413 1788 / 9822 3321
Fax: (65) 6484 8840
Email: magloh@stee.stengg.com