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ST Engineering ( (SG:S63) ) has provided an announcement.
ST Engineering has updated its S$5 billion Global Medium Term Note Programme, allowing for the issuance of various types of notes by its subsidiaries. The proceeds from these notes will be used for funding new capital expenditures, acquisitions, general corporate purposes, and refinancing existing borrowings, enhancing the company’s financial flexibility and strategic growth initiatives.
More about ST Engineering
ST Engineering is a global technology, defense, and engineering group specializing in the aerospace, electronics, land systems, and marine sectors. The company focuses on providing innovative solutions and services to both commercial and government clients worldwide.
YTD Price Performance: 49.56%
Average Trading Volume: 4,411
Technical Sentiment Signal: Sell
Current Market Cap: $15.76B
Learn more about S63 stock on TipRanks’ Stock Analysis page.