BRIEF-Singapore Technologies Engineering Says Signed An Agreement With DSO National Laboratories
Feb 14 (Reuters) - Singapore Technologies Engineering Ltd :
* SIGNED AN AGREEMENT WITH DSO NATIONAL LABORATORIES TO SET UP A JOINT VENTURE COMPANY
* ST ENGINEERING'S PLANNED INVESTMENT OF US$3M IS FOR A 51% STAKE IN JVCO, WITH REMAINING 49% TO BE HELD BY DSO.
* JVCO SETUP NOT EXPECTED TO HAVE MATERIAL IMPACT ON CONSOLIDATED NET TANGIBLE ASSETSPER SHARE, EARNINGSPER SHARE OF CO FOR CURRENT FY Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)