Brief: Singapore Technologies Engineering Says St Engineering Secures S$1.4B Turnkey Rail Contract

Singapore Technologies Engineering

31/08/2022 23:47

Sept 1 (Reuters) - Singapore Technologies Engineering
 STEG.SI :
    * ST ENGINEERING SECURES S$1.4B TURNKEY RAIL CONTRACT FOR
NEW
KAOHSIUNG MRT YELLOW LINE
    * KAOHSIUNG CITY MASS RAPID TRANSIT BUREAU AWARDED CONTRACT
TO
URBAN SOLUTIONS SUBSIDIARY AS PART OF CONSORTIUM
    * DEAL TO PROVIDE TURNKEY RAIL SERVICES WORTH S$1.4B
INCLUDING
RAIL ELECTRONICS SOLUTIONS, AMONG OTHERS
    * CONTRACTED SCOPE IS EXPECTED TO START BY LATE 2022 OVER A
PERIOD
OF 10 YEARS

Source text for Eikon:  ID:nSNbcfq2 
Further company coverage:  SGTEA.UL 

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