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St Electronics News

19 Sep 2017

ST Engineering Invests In Cyber Security

Singapore Technologies Engineering Ltd (ST Engineering) announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd (ST Engineering Ventures) has made a Series B investment of $5.79m for a minority interest in Janus Technologies, Inc., an endpoint cyber security provider based in California. “This is the first investment by our Corporate Venture Capital unit in companies with cutting edge technologies or breakthrough innovations,” said Vincent Chong, President & CEO of ST Engineering. The Group has identified cyber security, along with robotics, autonomous technology, and data analytics as strategic capabilities that it will invest in to create long term value and growth.

29 Aug 2017

ST Electronics, Alpha Ori to Drive Digital Transformation

MOU signing ceremony - the MOU was endorsed by Capt. Rajesh Unni, CEO of Alpha Ori (front left of photo) and Mr Tang Kum Chuen, Deputy President of Corporate Development, ST Electronics (front right), and witnessed by Mr Andreas Sohmen-Pao, Executive Chairman of Alpha Ori Technology Holdings (back left), and Mr Ravinder Singh, President, ST Electronics (back right).  (Photo: ST Electronics)

Singapore Technologies Electronics Limited (ST Electronics) and Alpha Ori Technology Holdings Private Limited (Alpha Ori) has signed a Memorandum of Understanding (MOU) to co-create digitalization solutions for shipborne and shore-based maritime fleet control and management. STARRI (ST-Alpha Ori Reliable & Intelligent platform), a unified, secured and smart data lake platform equipped with communications connectivity, ship and environment converged data, data analytics and machine…

06 Mar 2015

ST Engineering Makes Management Changes

Singapore Technologies Engineering Ltd today announced that Mr Ravinder Singh will replace Mr Sew Chee Jhuen as President of Singapore Technologies Kinetics Ltd (ST Kinetics). Mr Sew will take on a new role as President for Special Projects at ST Engineering. The appointments are effective 23 March 2015. Mr Singh is currently Deputy President, Corporate and Market Development at Singapore Technologies Electronics Limited (ST Electronics), a role he held since joining the Group in August 2014. He will relinquish this appointment in ST Electronics. Currently, in this position, he leads the Group's Smart Nation initiatives and will continue to do so in his new capacity.

18 Feb 2015

ST Engineering Raises Cap In STET

Singapore Technologies Engineering Ltd (ST Engineering) announced today that ST Education & Training Private Limited (“STET”) has increased its issued and paid up capital from S$1m to S$2m. This increase in paid-up capital is by way of a bonus issue of 1,000,000 ordinary shares of S$1 each. This bonus issue is based on the ratio of one new share for every one existing share by way of capitalisation of the revenue reserve account. STET is 70% owned by ST Electronics (Training & Simulation Systems) Pte. Ltd., a wholly owned subsidiary of Singapore Technologies Electronics Limited, the electronics arm of ST Engineering. The bonus shares, when issued will rank pari passu in all respects with the existing issued ordinary shares of S$1 each in the capital of STET.

30 Dec 2014

ST Engineering Increase Stakes in Mexican JV

Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has subscribed to a capital call of MXN7.5m (about S$0.7m) from GFM Electronics S.A. de C.V. (GFM Electronics). This additional capital subscription increases ST Electronics’ shareholding in GFM Electronics from 50% to 51%, resulting in GFM Electronics becoming a subsidiary of ST Electronics. Upon completion of the capital injection, the issued and paid up capital of GFM Electronics will be increased from MXN34.7m (about S$3.3m) to MXN49.9m (about S$4.7m). GFM Electronics, formed in 2000 by ST Electronics and Grupo Ferrominero, S.A de C.V.

23 Nov 2014

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun, currently President of Singapore Technologies Electronics Limited (ST Electronics) and President, Defence Business of ST Engineering, will assume additional responsibilities as Deputy CEO of ST Engineering. In this new position, he will explore additional synergies across the Group's four business sectors. Mr Vincent Chong Sy Feng, currently President of Strategic Plans & Business Development, Singapore Technologies Aerospace Ltd (ST Aerospace), will be appointed Deputy CEO (Corporate Development).

07 Nov 2014

ST Engineering Injects Capital in Brazilian Arm

Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement on 11 July 2014 on the setting up of ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda (ST Electronics Brazil) in Brazil, it has completed the capital injection of US$2m (about S$2.49m) into its Brazilian subsidiary. ST Electronics Brazil was set up with two shareholders in compliance with Brazilian laws - Singapore Technologies Electronics Limited (ST Electronics) holds 99% stake, while its wholly owned subsidiary, ST Electronics (Satcom & Sensor Systems) Pte. Ltd., holds the remaining 1% stake. This capital…

13 Jul 2014

ST Electronics Establishes Brazilian Subsidiary

Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has set up a subsidiary, ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda, in Brazil. ST Electronics holds 99% stake in the new subsidiary, with the remaining 1% stake held by its wholly owned subsidiary, ST Electronics (SatCom & Sensor Systems) Pte. Ltd. ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda, based in Sao Paulo, will have a paid up capital of US$2m (about S$2.55m). Brazil is an important emerging economy and the setting up of the Brazilian subsidiary marks an important step forward in ST Electronics’ marketing strategy for entry into that market.

13 May 2013

ST Engineering Showcases Product Range at IMDEX Asia 2013

ST Engineering unveiled a suite of total naval solutions offered by its Electronics and Marine arms at IMDEX Asia 2013, designed to provide users with comprehensive maritime awareness, command, control and advanced communications systems. From May 14-16, 2013, at the ST Engineering Booth in the Changi Exhibition Center, ST Electronics and ST Marine will showcase their capabilities covering Maritime Safety, Humanitarian Assistance and Disaster Relief, Maritime Communications Systems and Electrooptic solutions. One of the highlights this year is the Damage Control Trainer, a multi-storied, shore-based trainer that has been constructed to resemble a ship.

01 Feb 2013

Singapore Navy Patrol Boat Order for ST Engineering

Singapore's previous Fearless-class PB: Photo credit Wikipedia CCL

Singapore Technologies Engineering wins Ministry of Defence (MINDEF) contract for the design & build of eight new vessels. The Group’s marine arm, Singapore Technologies Marine Ltd (ST Marine) will build the eight vessels at its Singapore Benoi Yard. Singapore Technologies Electronics Limited (ST Electronics), the Group’s electronics arm, will supply the core combat systems and combat system integration solutions. ST Marine will carry out the platform system integration as the lead system integrator.