--- title: "Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services" type: "News" locale: "en" url: "https://longbridge.com/en/news/278961963.md" description: "On March 13, ST Engineering announced the deployment of intelligent transport systems for Singapore's Land Transport Authority, enhancing the road transport network. Its shares rose by 0.5% to S$11.15. Meanwhile, UI Boustead Reit made its trading debut, starting at S$0.805, 8.5% below its IPO price of S$0.88, and closed at the same price with nearly 103 million shares traded." datetime: "2026-03-13T00:45:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278961963.md) - [en](https://longbridge.com/en/news/278961963.md) - [zh-HK](https://longbridge.com/zh-HK/news/278961963.md) generator: "portal-rs" --- # Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services \[SINGAPORE\] The following companies saw new developments that may affect trading of their securities on Friday (Mar 13): ST Engineering : The company’s urban solutions business will be deploying a suite of intelligent transport systems solutions for Singapore’s Land Transport Authority, to create a more responsive and future-ready road transport network in the country. The solutions consist of a new iTransport platform, a traffic monitoring camera system and an integrated traffic and plant management system, said the company in a Friday bourse filing. Shares of ST Engineering closed 0.5 per cent or S$0.06 higher at S$11.15 on Thursday. UI Boustead Reit: The real estate investment trust (Reit) made its trading debut on Thursday, marking Singapore’s first mainboard and Reit listing of the year. It started trading atS$0.805, 8.5 per cent below the initial public offering price of S$0.88. It ended the day at its opening price with close to 103 million shares transacted. Units of the Reit closed on Thursday at S$0.805. Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free. ### Related Stocks - [UIBU.SG](https://longbridge.com/en/quote/UIBU.SG.md) - [S63.SG](https://longbridge.com/en/quote/S63.SG.md) ## Related News & Research - [Meta vs. Microsoft: One Hyperscaler Stock Has Room to Grow, the Other Lacks a Catalyst, Says Investor](https://longbridge.com/en/news/300456248.md) - [What's Going On With Oracle Stock Tuesday?](https://longbridge.com/en/news/300437295.md) - [AI’s $1 Trillion Funding Problem Is Moving From Stocks to Bonds](https://longbridge.com/en/news/300336501.md) - [Micron or Nvidia: One AI Stock Is Poised to Outperform, the Other Is Harder to Call, Says Goldman Sachs](https://longbridge.com/en/news/300359724.md) - [Nvidia’s CEO draws Pope Leo’s criticism as AI safety concerns surge 50%](https://longbridge.com/en/news/300379637.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**