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R E : V I E WElectronicsBy Seah Moon Ming, President and Ng Chong Khim, President – Communication & Sensor Systems GroupTHE ELECTRONICS SECTORcontinued to perform well in2000, doubling our earningsand achieving many successesby securing contracts in both ourmilitary and commercial businesses.We have made some investments toensure the strengthening of ourcompetencies and to develop futuretechnologies.EXTENDING OURMARKET REACHRiding on the success of a number ofmajor projects in Singapore and EastAsia, we continued our expansioninto the region and beyond.The Electronics sector set upa Hong Kong (HK) Branch Officein March as part of a market developmentinitiative in the Special AdministrativeRegion. It will identifyopportunities, track business andeconomic trends in HK, market andpromote products and offerings fromour group and provide a strategicbase there.With similar perspectives, awholly owned subsidiary in Taiwanwas incorporated in August 2000. Itwill design and execute rail, trafficand intelligent building managementsystems projects in Taiwan as wellas mobile real-time and simulationsystems.KEY GROUP ACTIVITIESOur business activities remainfocused on three key areas throughthe Communication and SensorSystems Group (CSG), the Large-Scale Systems Group (LSG) and theSoftware Systems Group (SSG).COMMUNICATION ANDSENSOR SYSTEMS GROUPCSG was awarded a number of keyprojects in 2000.The Suzhou PublicSecurity Bureau commissioned us toprovide a Traffic Control ManagementSystem in Suzhou City.When itis completed in July 2001, Suzhouwill become the first city in China todeploy an image-based traffic controlsystem on a city-wide scale.The successful completion of theEMAS II (Expressway Monitoringand Advisory System) projectshowcases our road managementsystems capabilities.This includedthe full scope of design, integrationto testing, commissioning andExpressway Monitoring and Advisory Systems(EMAS) at work.maintenance of incident detectionprocessing units and related controlcentre software for the LandTransport Authority (LTA) ofSingapore. In December, LTA alsoawarded us a contract to supply ourElectronic Junction Eye (a visionbasedsystem) and the TrafficScanNationwide Traffic Monitoring.Our development of RadioFrequency Identification (RFID)technology and application is nowbeing employed in a number of locallibraries for the accurate and fastidentification of books and for thepurpose of stocktaking.This technology can also be usedfor stock identification and itemstracking in warehouses and stores aswell as automated registration forconferences and events.In February, our subsidiary, CETTechnologies, launched JuzTalk – aVoice Over Internet Protocol andUnified Messaging System communicationsolution for Telco Operators,Internet Service Providers,Application Service Providers andenterprises.DABOne, a Digital AudioBroadcasting system, based on theEureka 147 standard was enhancedto allow content providers to offersubscription-based multimediaservices to specific market segments.The wide extent of data flow innetworks and on the Internet givesus an opportunity to offer a broadarray of encryptors that have beenhighly successful in regional markets.We have set up distributor channelsin Singapore, the US, Asia Pacific andthe Middle East to market ourencryption products globally.Our subsidiary, AgilisCommunication Technologies, hasmade us one of the top three globalplayers in the Very Small ApertureTerminal (VSAT) market, throughsales in the US, China and Europe.We are one of the top two players inthe world for X-Band MicrowaveSensor, a product for which Agilis hasreceived European CetecomCertification, enhancing its competitivenessin the global market.LARGE-SCALESYSTEMS GROUPIn August, LSG clinched the contractfor a car park management systemfor Thomson Medical Centre, whichhas Singapore's largest stacking carpark.This project features ourCashless Payment License PlateRecognition System (LPRS). Otherre:view • 79
ELECTRONICS CUSTOMER TALKThe International Building is a superior office block in the CentralBusiness District of the China-Singapore Suzhou Industrial Park.Standing 88.8 metres tall with 18 storeys and two basements alloccupying a floor area of 61,000 square metres, this grand buildingis the 1998-1999 focal construction project of the Suzhou IndustrialPark Administrative Committee. The relevant government authoritieshad set up a strong project management team. The selection of thebest construction contractors among the many who are renownedwithin and outside China resulted in an office block of superb quality.Singapore Technologies Electronics Limited was responsible for theintelligent building system of the project. This company was able to“put themselves in the end-user’s shoes” and anticipate everythingthat was needed. The cooperative experience deepened ourunderstanding of Singapore Tehnologies Electronics Limited andenabled us to observe at first-hand their excellent services. We hopethat we will build on this foundation of collaboration for moreopportunities for further development. We take this oppportunity towish Singapore Technologies Electronics Limited a brighterand more splendid future.LPRS car-parking solutions wereinstalled at Sim Lim Square, PasirPanjang Wholesale Centre, andoverseas in Taipei’s Cheng Yuan.Building upon our capability ofintegrating intelligent buildingmanagement systems, LSG tookon the 52-storey Capital Towerproject, a landmark in Singapore’sfinancial district.This involved theintegration of all major securityand communications system componentsand the maintenance ofits system integrity.Our system integrationcapability won us a contract tosupply, install and commission theintegrated security solution in thenew Singapore Civil DefenceForce HQ Complex.This includesaudio visual and sound, andelectronic queue managementsystems.Our VSATs are well positioned globally.Our expertise in rail managementsystems secured us a contractto install a Visual PassengerInformation System on MRT andLRT trains.This will providepassengers information on topicssuch as the weather, airportschedules, stock prices and travelinformation displayed on vehicleborneLiquid Crystal Display(LCD) or Light-Emitting Diode(LED) screens.The LTA awarded us theproject to retrofit Singapore’straffic lights with new LED trafficlights in April 1999.Work in centraland eastern Singapore hasbeen completed and it continueselsewhere on the island.We continueto market the LED trafficlights overseas, such as inMyanmar and Mexico.Outside Singapore, the 56,000square metre Suzhou IndustrialPark International Building wasofficially opened in China showcasingour Extra Low VoltageSystem.This includes BuildingAutomation, Close Circuit TV,Security Management, ElectronicPayment Carpark,Variable AirVolume and Fully IntegratedSecurity Management Systems.Our subsidiary, ST Electronics(Taiwan) Limited was awarded acontract to provide an IntegratedCommunications System for theTucheng MRT Line in the TaipeiMetropolitan Area, due to becompleted in 2006.The systemwill provide essential communicationsbetween trains, stations,depot and the operation controlcentre.WU XIAODONGDIRECTOR, BUILDINGPLANNING BUREAU80 • visionOur LED technology is used in traffic lights deployed throughout Singapore.SOFTWARE SYSTEMSGROUPOur subsidiary, SingaporeEngineering Software (SES)continued to work with variousgovernment agencies offering arange of security, data processingand analysis solutions. During theyear, SES delivered an on-goingCommand and Control projectfor the Ministry of Home Affairs.SES has gradually stepped upits efforts to establish a re-usablearchitecture Common ApplicationPlatform (CAP) that can beemployed for development ofmission critical, command andMETICULOUS ORGANISATION ANDPRECISE BUILDING WORKENSURED THE UNIMPEDED REALISATIONOF A HIGH-QUALITY PROJECTCHINA-SINGAPORE SUZHOU INDUSTRIALPARKPARK ADMINISTRATIVE ADMINISTRATIVE COMMITTEE COMMITTEEannual report 2000 • 31
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 8 and 9: Helping OthersLADY WHO MAKESA DIFFE
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 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
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their audit to the independent dire
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SINGAPORE TECHNOLOGIES ENGINEERING
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AEROSPACE SECTOR VALUE ADDED STATEM
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ELECTRONICS SECTOR BALANCE SHEETSEL
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international recognition as a majo
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REVIEW OF FINANCIAL PERFORMANCE - M
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MARINE SECTOR FINANCIAL HIGHLIGHTS1
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SINGAPORE TECHNOLOGIES KINETICS LTD
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Professor Lui Pao Chuen is the Chai
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Contacte-mailContacte-mailASSOCIATE
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MARINE SECTORASSOCIATED COMPANIESNO
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PROXY FORMSINGAPORE TECHNOLOGIES EN
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end page• AEROSPACE• ELECTRONIC
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