ST Engineering completes ST Electronics-PCI divestment

ST Electronics-PCI Co Ltd is no longer a subsidiary of ST Electronics (Shanghai) Co Ltd, a subsidiary of Singapore Technologies Electronics Limited.

This follows after Singapore Technologies Engineering Ltd has completed the divestment of STE-PCI in China.

The divestment, however, 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.

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