View - Singapore Technologies Engineering

More documents

Recommendations

Info

Helping OthersLADY WHO MAKESA DIFFERENCEIt’s three in the morning.The rustling of sheets fromCarol’s bed roused Trixie.The excruciating pain wasmerciless on Carol’s tormentedmind and frail frame.An instant alleviation was todeny sleep; to stand uprightthroughout the night so thatblood would flow to herlegs, or what could barelybe recognisable as legs.Kidney failure has causedCarol’s legs to balloon.Although neither kith nor kinof Carol, Trixie has taken herinto her home to provide hercare and support.She stayed up with Carol forthe third consecutive night,helpless against Carol’spain, depression and hallucinations,but braced withthe hope that what littlesupport she gives willbring comfort to Carol. Thedroning of the air coolerwhispered to the tickingof the clock till the sunrenewed the day, and itwas off to work for Trixie.That evening Trixie madeher way to the CovenantFamily Service Centre. Thethree children have beenwaiting for their tutor. Sumswere solved and new wordslearnt. Smiles saw thechildren off, brimming withconfidence that they havelearnt, and prepared foranother day in school.• • •A wheelchair-bound lady inher late 70s peered out asTrixie unlatched the gateleading up the driveway.She looked at her watch foran answer to her mother’swakefulness; it was past11 o’clock. The night wasaccompanied by a soothingbreeze – perfect for a goodnight’s rest.Before she went to bed,CLOCKWISE FROM TOP LEFT:Georgina, Trixie and Carol.BELOW: ST Engg admiresTrixie’s spirit and as a companyseeks to contribute tothe community. Seen beloware our staff with membersof the Moral Home for theDisabled, one of thecharities ST Engg supports.Trixie peered through thebedroom door that was leftajar. Seeing that Georginawas still up, Trixie enteredher cousin’s room to enquireabout the progress of heracademic course. Trixie hadtaken Georgina in since shehas been orphaned. Sheheaded back to her room,comforted by the thoughtthat Georgina was well onher way to dreamland.• • •This may be a simple story;it may be lost in the manyseemingly more importantpursuits you and I may beinvolved in. But Trixie’sspirit exemplifies the valuesthat ST Engg as a companypromotes in its quest tocontribute to the community.Trixie Mok currently works as aPersonal Assistant in ST Aero.since 1976. She is the first VicePresident of the SingaporeAssociation of Personal AndExecutive Secretaries. She tutorsat the Covenant Family ServiceCentre twice a week. She liveswith her mother, an older sister, awidowed sister-in-law with hertwo children, and Carol, hersister’s former colleague.takingstock:singaporetechnologieso e engineeringn e e i n gIt was a year of dot.com mania andsoaring oil prices, but amidst theconsequent crashes and uncertainties,ST Engg moved onwards and upwards.Its share price hit a record high in NovemberA Ship Named EnduranceTHE NAMING OF A COMMISSIONEDwarship of the RSN is seriously considered,as it should be in keeping withtradition. The principles adopted by theRSN in naming their ships are akin to thenaming of a newborn child in a family:the ships are named in relation to theirrole, the attributes the RSN wants themto have and in keeping with tradition.Ships in the same class often have a common theme tocreate a familial sense of belonging to bind them together.12 • visionThe Endurance Class LSTs were named so as to inherit therich tradition ascribed to and to continue the fine servicesrendered by their predecessors, the County Class LSTs, whichhad served the RSN faithfully for over 20years since their introduction in the earlydays of the RSN. Another was to celebratetheir ability to sustain themselves atsea and invoke their spirit in the face ofdifficult tasks and a harsh environment.The original RSS Endurance was the firstoperational LST in the RSN and hencethe honour of naming the new class of LSTs and the lead shipwas given to her.and it won a series of awards in recognitionof its achievements.We survey theseaccomplishments in this specialYear 2000 fold-out section.
ST ENGG was named MostTransparent Company (OverallWinner – Golden CircleAward) by SecuritiesInvestors Association ofSingapore. The awardcommends companies forfrequent, timely and highlevel of disclosure of financialresults and corporatedevelopment.Most TransparentCompany AwardST ENGG received Asia’sTop PerformingCompanies 2000Award, from FinanceAsia magazine. The awardis given to companiesthat create shareholderwealth and is basedon change in marketcapitalisation fromAugust 1998 toJanuary 2000. STEngg was ranked7th in Singapore.ST ELECT received theTechnology AchievementAward 2000 fromSingapore’s National Scienceand Technology Board. The awardis given to locally based companiesin recognition of their successfulexploitation of R&D for businesscompetitiveness which hascontributed significantly tothe economic output ofSingapore. It is a nationwideaward that recognisescompanies whichhave harnessed R&Dto raise theirstature andattract newinvestments.Technology AchievementAward 2000Asia’s Top PerformingCompanies 2000 AwardST ENGG was honouredwith the InternationalTrade Award2000/2001 bySingapore’s Trade Development Board.The award is given to companies thathave made outstanding contributions toSingapore’s foreign trade over the lastthree years and have made significantefforts to export Singapore productsand services to overseas markets.ST ELECT was awarded the ASEANEngineering AchievementAward 2000 by ASEAN Federationof EngineeringOrganisation. Theaward is given toorganisations withoutstandingengineeringcapabilities thathave significantlycontributed toengineeringprogress and thequality of life inASEAN.International Trade Award 2000/2001ST ENGG was nominated one ofHSBC’s Asian 100 companies.The award is given to companieswhich deliver high shareholdervalue.ASEAN Engineering AchievementAward 2000ST KINETICS received the DefenceTechnology Prize Team Awardfrom Singapore’s Ministry of Defence.The award is a recognition of the AllTerrain Tracked Carrier’stechnologicalachievement.HSBC’s Asian 100Companies AwardST ENGG was named oneof two Asia’s ValueCreator, in Singaporeby Asian Wall StreetJournal. Listed as one ofthe region’s top performingcompanies thatgives investorsvalue for moneyand is consideredlikely to continuefor at least thenext year.ST ENGG won the Best InvestorRelations Website (Infrastructure/ManufacturingSector), awardedby Finance Intelligence Asia magazine.The award is given to companies thathave best mobilised the Internet toserve the needs and requirements ofthe investment community.ST ENGG received the 27th AnnualReport Award, for Best AnnualReport (Runner-Up) and BestCorporate Governance (FirstRunner-Up) from the SingaporeExchange, the Institute of CertifiedPublic Accountants of Singapore andthe Singapore Institute of Management.Best Annual Report(Runner-Up) AwardBest Corporate Governance(First Runner-Up) Report AwardThe award is given to companies thatset exemplary standards for providingwell-presented, timely and informativedisclosures.ST ENGG was nominated as one ofAsia’s Best ManagedCompanies, (Ranked 2nd inSingapore) from AsiaMoney magazine.The award is given to companiesbased on their corporate strategy,management of financial accounts,reliable forecast, access to seniormanagement, investor relations,treatment of minority shareholders,company website disclosure in anannual report. This is the third winsince 1997.
Page 1 and 2: S I N G A P O R E T E C H N O L O G
Page 4 and 5: editor’s noteC O N T R I B U T O
Page 6 and 7: “Opportunities Abound forNiche Pl
Page 10 and 11: NOV29 DECS$2.79JANJUNJULAUGOCTYEAR
Page 12 and 13: Turnover (S$ million)Profit before
Page 14 and 15: ECONOMIC VALUE ADDED STATEMENTS (S$
Page 16 and 17: T H E E - L I S TT H E E - L I S Ts
Page 18 and 19: It was a good year for ST Engg, wit
Page 20 and 21: GROUP TURNOVER INCREASED FROM S$1.7
Page 22 and 23: THE NEXTSTEPSvision chats with ST E
Page 24 and 25: We must take globalisation seriousl
Page 26 and 27: B O A R D • O F •D I R E C T O
Page 28 and 29: D I R E C T O R S• AEROSPACE• E
Page 30 and 31: T H E • S E N I O RM A N A G E M
Page 32 and 33: M A N A G E M E N Thuman resource b
Page 34 and 35: O U R U S T H R U S TALL SYSTEMS GO
Page 36 and 37: WE HAVE GOOD REASONSto be pleased w
Page 38 and 39: AEROSPACE CUSTOMER TALKAIR VICE MAR
Page 40 and 41: R E : V I E WElectronicsBy Seah Moo
Page 42 and 43: P A R T N E R SFORMING PARTNERSHIPS
Page 44 and 45: The ATTC created a splash when it w
Page 46 and 47: LAND SYSTEMS CUSTOMER TALKMARINE CU
Page 48 and 49: MARINE CUSTOMER TALKCruise vessel r
Page 50 and 51: GROUP FINANCIAL PERFORMANCE1. ACQUI
Page 52 and 53: TRANSFERS TO OR FROM RESERVES AND P
Page 54 and 55: RELATED CORPORATIONSHOLDINGS IN THE
Page 56 and 57: The SGX’s Listing Manual requires
Page 58 and 59:
BALANCE ASAT 1.1.2000 BALANCE NO. O
Page 60 and 61:
BALANCE SHEETSAS AT 31 DECEMBER 200
Page 62 and 63:
STATEMENTS OF CHANGES IN EQUITY (co
Page 64 and 65:
NOTES TO THE FINANCIAL STATEMENTS31
Page 66 and 67:
Included in the share capital is a
Page 68 and 69:
8. FIXED ASSETS (cont’d)THE GROUP
Page 70 and 71:
EFFECTIVE EQUITYINTEREST HELDBY THE
Page 72 and 73:
COUNTRY OF INCORPORATION/NAME OF SU
Page 74 and 75:
PROVISION FOR DIMINUTION IN VALUE O
Page 76 and 77:
(b) Details of joint ventures are a
Page 78 and 79:
13. STOCKS AND WORK-IN-PROGRESS14.
Page 80 and 81:
20. DUE FROM RELATED CORPORATIONS21
Page 82 and 83:
Lease terms do not contain restrict
Page 84 and 85:
GROUPCOMPANY2000 1999 2000 1999NOTE
Page 86 and 87:
GROUP2000 1999NUMBER OF SHARES (’
Page 88 and 89:
45. SEGMENT INFORMATION (cont’d)L
Page 90 and 91:
their audit to the independent dire
Page 92 and 93:
SINGAPORE TECHNOLOGIES ENGINEERING
Page 94 and 95:
AEROSPACE SECTOR VALUE ADDED STATEM
Page 96 and 97:
ELECTRONICS SECTOR BALANCE SHEETSEL
Page 98 and 99:
international recognition as a majo
Page 100 and 101:
REVIEW OF FINANCIAL PERFORMANCE - M
Page 102 and 103:
MARINE SECTOR FINANCIAL HIGHLIGHTS1
Page 104 and 105:
SINGAPORE TECHNOLOGIES KINETICS LTD
Page 106 and 107:
Professor Lui Pao Chuen is the Chai
Page 108 and 109:
Contacte-mailContacte-mailASSOCIATE
Page 111 and 112:
MARINE SECTORASSOCIATED COMPANIESNO
Page 113 and 114:
PROXY FORMSINGAPORE TECHNOLOGIES EN
Page 115 and 116:
end page• AEROSPACE• ELECTRONIC
show all

View - Singapore Technologies Engineering

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?