$ST Engineering(S63.SI)$  

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?

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.

Report

Comment3

  • Top
  • Latest
  • snugglo
    ·08-27

    Big contract for the future, looks like long-term gains ahead

    Reply
    Report
  • zinglee
    ·08-27

    Could be a slow burn, but I’m optimistic!

    Reply
    Report
  • vippy
    ·08-27

    Nice win for ST!

    Reply
    Report