Singapore Tech Engineering rated 'buy' by OCBC

Stock Name: ST Engg
Company Name: SINGAPORE TECH ENGINEERING LTD
Research House: OCBC

OCBC Investment Research in a Mar 23 research report says: "Singapore Tech Engineering (STE) announced that its marine arm - ST Marine (STM) - has received a notice of termination from Louis Dreyfus Armateurs (LDA) regarding the shipbuilding contract for the Roll-on/Roll-off Passenger ferry (Ropax).

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