ST Engineering shares  reach all-time high


Record highs: Visitors gather at the landmark Merlion Park on the Marina Bay waterfront. Interest in SGX-listed mid-cap stocks has jumped in recent weeks, attracting institutional inflows since the start of the year. — AFP

SINGAPORE: Shares of Singapore Technologies Engineering (ST Engineering) rose to an all-time high after the company revealed fresh five-year targets and plans to raise dividend payouts in 2025, as well as from 2026 if revenue and profits continue to rise.

The shares touched a record of S$6.91 on March 20 before closing the week at S$6.62.

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