20 years ago, on 8 December 1997, Singapore Technologies Engineering Ltd was listed on the Stock Exchange of Singapore, the current Singapore Exchange. It was a momentous day for the Group and four companies – ST Aerospace, ST Shipbuilding & Engineering, ST Electronic & Engineering and ST Automotive – were amalgamated to form Singapore Technologies Engineering Ltd.
At debut, we were the 12th largest listed company on the Stock Exchange of Singapore, with a share price of S$1.03, market capitalisation of S$2.88 billion and 2.81 billion shares. 20 years on, our market capitalisation has more than trebled, surpassing S$10 billion, and so has our share price. ST Engineering is also component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index.