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DBS Buys 77,700 Shares in ST Engineering for $0.4 Mil

Ashley Lo
2024-11-22

Following the transaction, DBS’ stake in ST Engineering came up to 0.0335%.

DBS Bank has bought 77,700 shares in Singapore Technologies Engineering S63 (ST Enginnering) on Nov 14, for a purchase consideration of $365,050.14, or $4.70 per share.

Following the transaction, DBS’ stake in ST Engineering came up to 0.0335%.

For the 9MFY2024 ended September, ST Engineering saw an 14% y-o-y increase in revenue to $8.3 billion. This came on the back of growth in the group’s defence and public sector segment. 

Shares in ST Engineering closed 4 cents higher, or up 0.88%, at $4.61 on Nov 21. 

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