ST Engineering Injects New Capital Into ST Aerospace : Singapore Technologies Engineering Ltd

Singapore, 28 March 2014 – Singapore Technologies Engineering Ltd (ST Engineering) announced today that it has injected new equity of $216m into the capital of its wholly owned aerospace arm, Singapore Technologies Aerospace Ltd (ST Aerospace). This brings ST Engineering’s total share capital contribution in ST Aerospace to $368.5m.

The increased capital is to support the expansion of ST Aerospace’s business.

This increased capital 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.