Stocks to watch: SIA Engineering, Tuas, Multi-Chem

SIA Engineering, a joint venture between Singapore Aero Engineering and Rolls Royce, has announced it will offer 30 work-study diploma placements in 2027 to students from the Institute of Technical Education, Republic Polytechnic, and Temasek Polytechnic. Additionally, the company is collaborating with A*Star to focus on the development and deployment of advanced technologies, including artificial intelligence-native and autonomous inspection, assembly, and disassembly solutions in the aerospace maintenance, repair, and overhaul sector.

Multi-Chem, on the other hand, is facing a graft probe into its CEO and COO, but the nominating committee has decided that Foo Suan Sai and Han Juat Hoon are suitable to continue as directors. The company's shares rose 21.8 per cent following the news. Tuas Limited, the Australian-listed parent company of Simba Telecom, reported a significant increase in net profit, rising 277 per cent to S$26 million for the year ended July 31. The company's shares also rose 0.9 per cent in response to the positive news.

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