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S63 - Singapore Technologies Engineering News Story

S$3.85 -0.1  -1.5%

Last Trade - 05/03/21

Sector
Industrials
Size
Large Cap
Market Cap £6.46bn
Enterprise Value £7.32bn
Revenue £3.85bn
Position in Universe 244th / 6141

BRIEF-Singapore Technologies Engineering Announces Organisational Changes

Tue 17th November, 2020 12:51pm
Nov 17 (Reuters) - Singapore Technologies Engineering Ltd
 STEG.SI :
    * EFFECTIVE 1 JAN 2021, ST ENGINEERING WILL BE REORGANISED
AS
COMMERCIAL AND DEFENCE & PUBLIC SECURITY CLUSTERS
    * FROM 2021, GROUP'S FINANCIAL REPORTING WILL BE BASED ON
NEW
OPERATING SEGMENTS
    * LIM SERH GHEE, ST ENGINEERING COO, WILL ASSUME ROLE OF
GROUP COO
(OPERATIONS EXCELLENCE) & CHIEF COMMERCIAL OFFICER
    * RAVINDER SINGH WILL RELINQUISH ROLE AS PRESIDENT,
ELECTRONICS
SECTOR
    * RAVINDER SINGH TO ASSUME ROLE OF GROUP COO (TECHNOLOGY &
INNOVATION) & PRESIDENT/HEAD OF DEFENCE & PUBLIC SECURITY
    * NG SING CHAN WILL BE RE-DESIGNATED AS PRESIDENT/HEAD,
MARINE
    * JEFFREY LAM WILL BE RE-DESIGNATED AS PRESIDENT/HEAD,
COMMERCIAL
AEROSPACE

Source texts for Eikon:  urn:newsml:reuters.com:*:nSNZ7g728y  urn:newsml:reuters.com:*:nSN5JGqKZ  urn:newsml:reuters.com:*:nSN40Vm6J
Further company coverage:  STEG.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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