ST Electronics wins $28mln deal for Singapore Downtown Line

Project to support installation of DTL Mass Rapid Transit to be completed in 2016.

ST Engineering on Monday announced that its electronics arm, ST Electronics, has been awarded a contract worth about S$28m from Invensys Rail Limited (Invensys Rail) (formerly known as Westinghouse Brake and Signalling Holdings Limited) for the Signalling System Installation on the Singapore Downtown Line (DTL).

This contract award 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, according to an ST Electronics report.

ST Electronics will support Invensys Rail on the installation works of the Signalling System for the DTL Mass Rapid Transit project in Singapore. Work commences immediately and is expected to be completed in 2016.

"We are pleased to be awarded this contract to support Invensys Rail to deliver and install the Singapore Down Town Line Signalling System. I am confident that this collaboration will be a fruitful one that will lead to an even closer partnership in the future," said Lee Fook Sun, President, ST Electronics.

ST Electronics has been awarded contracts for the DTL since 2008. These include Passenger Information System-Infotainment (PIS) for 73 trains, Integrated Supervisory Control System, Communications System, Facility for Commercial Info-Communication Services and Maintenance Management System. These projects will be delivered over several years with the latest targeted for completion in 2016.

Since 1983, ST Electronics has established a strong presence in the rail transportation market in Singapore, China, Dubai, Taiwan, Thailand, the Philippines, the UAE and Saudi Arabia. It has deployed quality and comprehensive rail solutions that include PIS, Automated Fare Collection Systems, Platform Screen Doors, Int egrated Command, Control and Communication Systems, Maintenance Management Systems, Integrated Supervisory Control Systems and Traffic Command Centres.

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