ST Engineering (SGX:S63) secured a contract worth SG$60 million by the Lusail Real Estate Development to design, build and operate a smart city platform for the city of Lusail in Qatar, according to a company release on Tuesday.
ST Engineering will start working on the project within this quarter and will deliver it by 2027.
Lusail Real Estate Development is a subsidiary of Qatari Diar Real Estate Investment Co. (Qatari Diar).
Price (SGD): S$4.66, Change: S$-0.0100, Percent Change: -0.21%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.