<div class=newsTextDataWrapInner><p>SINGAPORE (April 28): Singapore Technologies Engineering has injected US$66 million ($89 million) into the capital of its US headquarters, Vision Technologies Systems, Inc (VT Systems), for the repayment of bank loans.</p></div>

<div class=newsTextDataWrapInner><p>This brings the company's total investment in VT Systems to US$343.96 million.</p></div>

<div class=newsTextDataWrapInner><p>Following the capital injection, VT Systems has capitalised its outstanding loan balance of US$35.28 million and US$33.08 million in its subsidiaries, Vision Technologies Kinetics, Inc and Vision Technologies Land Systems, Inc respectively.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vision Technologies Land Systems has, in turn, capitalised its outstanding loan balance of US$33.08 million in its subsidiary, VT Hackney, Inc.</p></div>

<div class=newsTextDataWrapInner><p>ST Engineering says the capital injection is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of company for the current financial year.</p></div>

<div class=newsTextDataWrapInner><p>ST Engineering closed 1.9% lower at $3.17.</p></div>


SINGAPORE (April 28): Singapore Technologies Engineering has injected US$66 million ($89 million) into the capital of its US headquarters, Vision Technologies Systems, Inc (VT Systems), for the repayment of bank loans.

This brings the company's total investment in VT Systems to US$343.9...

ST Engineering injects US$66 mil into US subsidiary VT Systems

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Currently, details ab...

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<p>Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week.</p>

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<p>Sarawak Plantation Bhd (KL:SWKPLNT) is expected to see a strong performance in the fourth quarter ending Dec 31, 2024 (4QFY2024) on the back of rising crude palm oil (CPO) prices and operational improvements, said analysts.</p>
