$ST Engineering(S63.SI)$ ST En

ST Engineering’s urban solutions business has secured a contract to provide its AGIL Passenger Information System (PIS) for 65 new six-car passenger trains in Australia as part of the Queensland Train Manufacturing Program (QTMP).

According to an Aug 22 announcement, the contracted scope has commenced and is expected to be completed in 1Q2030. The QTMP will support Southeast Queensland’s population and economic growth, as well as the Brisbane 2032 Olympic and Paralympic Games,

Which SG Stock Is the Anchor of Your Portfolio?

As the Singapore stock market continues to show resilience amid global uncertainties, investors are constantly on the lookout for opportunities that could deliver strong returns. ----------- Which company is the anchor in your portfolio? Are they entering buying zone after the plunge several days ago? Have you bottomed these stocks?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

snugglo
08-27
snugglo
Big contract for the future, looks like long-term gains ahead
zinglee
08-27
zinglee
Could be a slow burn, but I’m optimistic!
vippy
08-27
vippy
Nice win for ST!

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