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Singapore Techs Eng (OTC:SGGKY) Stock, Option Chain

SINGAPORE TECH ENGIN

ST Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.

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SGGKY

ST Engineering Unit To Acquire Nera Telecom For $141M

SINGAPORE TEC EN UNSP/ADR by Singapore Technologies Engineering Ltd.

Singapore Technologies Engineering Ltd

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UPDATE: Raymond James On Roper Tech Upgrade: Firm Believes Transcore Divestiture Allows Co. To 'Accelerate De-Leveraging & Redeployment Of Capital In Shareholder Accretive Ways'; Raises Organic Growth & Margins To 4.3% & 37.9% Respectively

UPDATE: Raymond James On Roper Tech Upgrade: Firm Positive On $2.68 Divestiture Of Transcore To ST Engineering Given 'Incremental Cash & Flexibility To Execute Value-Add M&A'; Sees Deal Supporting Balance Sheet & Adding To Margins, CRI, & Organic Growth

<p>Singapore Technologies Engineering Ltd (OTC: SGGKY) reported that its unit Singapore Technologies Electronics will buy Nera Telecommunications Ltd for S$141 million.</p>

<p>Nera shareholders will receive an aggregate cash amount of S$0.45 per share.</p>

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