ST Engineering's Review of Loss-Making iDirect Looks Positive -- Market Talk

Dow Jones11-13

0526 GMT - ST Engineering's exploration of strategic options for its loss-making iDirect business looks positive, CGS International analysts say in a research report. The company noted ongoing active discussions on strategic options for iDirect, which the brokerage believes could include a divestment, with talks expected to be finalized over next three to six months. A full divestment of iDirect could drive an EBIT margin recovery for ST Engineering's Urban Solutions & Satcom division to over 5% by 2027, the analyst estimates. The brokerage upgrades the stock's rating to add from hold, citing the technology, defence and engineering group's earnings growth and rising defense contracts. It raises the target price to S$9.50 from S$8.70. Shares are 4.0% higher at $8.62. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

November 13, 2025 00:26 ET (05:26 GMT)

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(ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2025 00:26 ET (05:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0577902371.SGD","symbol_name":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2583537824","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583537824","pubTimestamp":1763011560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0526 GMT - ST Engineering's exploration of strategic options for its loss-making iDirect business looks positive, CGS International analysts say in a research report. 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