ST Engineering on Track to Beat 2025's Record Contract Wins -- Market Talk

Dow Jones

04/29

0215 GMT - Singapore Technologies Engineering's strong 1Q contract-win momentum puts the company on track to exceed the annual record set in 2025, RHB Research's Shekhar Jaiswal says in a note. The technology, defense and engineering company secured new contracts totaling S$4.8 billion in 1Q, topping S$4 billion for the sixth straight quarter, he notes. If the momentum continues, it would exceed 2025's record contract wins of S$18.7 billion. RHB maintains its buy rating and target price of S$12.30. Shares are last 1.1% higher at S$10.75. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

April 28, 2026 22:15 ET (02:15 GMT)

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The technology, defense and engineering company secured new contracts totaling S$4.8 billion in 1Q, topping S$4 billion for the sixth straight quarter, he notes. If the momentum continues, it would exceed 2025's record contract wins of S$18.7 billion. RHB maintains its buy rating and target price of S$12.30. Shares are last 1.1% higher at S$10.75. (amanda.lee@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  April 28, 2026 22:15 ET (02:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999000343.SGD","symbol_name":"Schroder Singapore Trust A Dis SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2631559700","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2631559700","pubTimestamp":1777428900,"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":"0215 GMT - Singapore Technologies Engineering's strong 1Q contract-win momentum puts the company on track to exceed the annual record set in 2025, RHB Research's Shekhar Jaiswal says in a note. 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