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ST Engineering's Electronics Arm Completes Liquidation of PMB Project Management Business Sdn Bhd

Singapore, 9 April 2015 – Singapore Technologies Engineering Ltd (ST Engineering) today updated that further to the announcement made on 27 August 2013, the members’ voluntary liquidation of its indirect wholly owned subsidiary, PMB Project Management Business Sdn Bhd (PMB Malaysia), has been completed.


The liquidation of PMB Malaysia is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.


ST Engineering (Singapore Technologies Engineering Ltd) is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. Headquartered in Singapore, the Group reported revenue of S$6.54b in FY2014 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, FTSE ASEAN 40 Index, MSCI Singapore and other indices. ST Engineering has about 23,000 employees worldwide, and over 100 subsidiaries and associated companies in 46 cities across 24 countries. Please visit www.stengg.com for more information.


ST Electronics (Singapore Technologies Electronics Limited) is the electronics arm of Singapore Technologies Engineering Ltd, one of the largest public-listed companies on the Singapore Stock Exchange. ST Electronics is a global engineering company specialising in the design, development and integration of advanced electronics and communications systems. Our capabilities are in Rail & Intelligent Transportation; Satellite & Broadband Communications; Info Comm Technologies; Command & Control operations, Training & Simulation; Intelligent Building & Security Systems and Cybersecurity. We have a presence in over 20 countries spanning North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stee.stengg.com


Media contacts:
Lina Poa
SVP, Corporate Communications
ST Engineering
Tel:     (65) 6722 1883 / 9696 5453
Email: linapoa@stengg.com


Grace Wang
Legal Manager
ST Electronics
Tel:     (65) 6413 8800
Email:  wang.jiaen.grace@stee.stengg.com

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