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Seatrium Ltd
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The SEA of Hopes and ATRIUM of Surprises
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BinderyT
Elite |
29-Jul-2024 20:18
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yeah lor. He probably jump from the top of his one floor into his swimming pool.
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Timer78
Veteran |
29-Jul-2024 20:17
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Vote of confidence!!!
Seatrium Signs S$1.1 billion Committed Global Syndicated Bank Guarantee Facility Singapore, 29 July 2024 ? Seatrium Limited (Seatrium or the Group) is pleased to announce that its wholly-owned subsidiary, Seatrium Financial Services Pte. Ltd. (SFS), has secured a three-year S$1.1 billion Committed Global Syndicated Bank Guarantee (BG) Facility with the support of a group of eight leading financial institutions. DBS Bank and Standard Chartered Bank acted as the Global Coordinators for this BG facility. The BG facility, which comes with a flexible structure that is a first-of-its-kind in the offshore & marine industry in Singapore, will support Seatrium?s project needs for future business growth. As the Group?s first syndicated BG facility, it received robust backing from existing banking partners, including DBS Bank, Standard Chartered Bank, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and Mizuho Bank, Ltd., Singapore Branch. In addition, Seatrium established new relationships with several prominent banks and financial institutions, including First Abu Dhabi Bank P.J.S.C., Singapore Branch, Malayan Banking Berhad, Singapore Branch, Emirates NBD Bank (P.J.S.C), Singapore Branch, and Clifford Capital. Mr Adrian Teng, Chief Financial Officer of Seatrium, said: ?This S$1.1 billion Syndicated BG Facility will support Seatrium in meeting the bank guarantee requirements for future projects, strengthening our capital structure, and laying the foundation for our long-term sustainable business growth. Closing on this facility is the culmination of the collaborative efforts between Seatrium and its esteemed banking partners, demonstrating their trust and confidence in Seatrium?s strategic operating model and business outlook.? Mr Kelvin Wong, Head of Energy, Renewables and Infrastructure, Institutional Banking Group, DBS, said: ?Our longstanding partnership with Seatrium has allowed us to gain a deep understanding of their business needs, as well as their commitment towards being a sustainability leader in the global offshore, marine and energy industries. We are pleased to be partnering Seatrium once again, this time as a global coordinator on this Syndicated Bank Guarantee Facility, which we believe will be instrumental in supporting their future growth objectives in the renewable energy sector. This is the latest in DBS? efforts to enable the energy transition and create a greener future alongside our clients.? Ms Chow Wan Thonh, Head, Banking & Coverage, Singapore and ASEAN, Standard Chartered Bank, said: ?We are pleased to support Seatrium in its inaugural syndicated Bank Guarantee Facility, which will help to further the Group?s plans for expansion in future growth opportunities. This is aligned to Standard Chartered?s commitment to propel meaningful development across industries locally and globally, through the delivery of innovative financing solutions.? -End- |
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newbie19
Supreme |
29-Jul-2024 20:16
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His house only 1 floor niah..landed property.
Jump won't die de😆
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Winlost
Veteran |
29-Jul-2024 20:03
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Haha
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Chansenghoe1971
Elite |
29-Jul-2024 19:48
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170 end July
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BinderyT
Elite |
29-Jul-2024 19:22
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If your house only 1 floor then it won' t mean much.
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Chansenghoe1971
Elite |
29-Jul-2024 19:21
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Remember I said if no 170 by end July I jump from my house?
2 more days to go or I jump. |
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BinderyT
Elite |
29-Jul-2024 19:19
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Seatrium was $15 (current post merge price) just before Covid.
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Chansenghoe1971
Elite |
29-Jul-2024 19:19
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Even at 180 the price is insanely low.
It has to go up tmr enroute to 2/8 and see how the results take all of u. |
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vicloo
Supreme |
29-Jul-2024 18:58
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MtFaber... it was a super penny at 0.08 b4 reversed split to go 1.6...
If it was above 1 no need to reverse split in the first place lolol.
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eugesun
Elite |
29-Jul-2024 17:55
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Yes, current price so low...
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MtFaber
Senior |
29-Jul-2024 17:25
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I am a bit confused by the 20:1. If the price goes to $60 it is actually $3 previously. | ||||
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Battle123
Elite |
29-Jul-2024 16:29
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Current price veri cheap cheap de Waiting at least 180 if not 200 to sell |
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Joyoftheworld
Master |
29-Jul-2024 16:14
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Then we can accumulate more cheap at 130 and 140 again.
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Joyoftheworld
Master |
29-Jul-2024 16:12
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I think this is about as good as it gets for now. Most pundits, analysts and their grandmothers are expecting $200mil net profit for full year 2024. If disappoint again, watch out below. | ||||
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LoudShout
Master |
29-Jul-2024 16:02
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SGX is a market of shortists. Slight bad news, wreck until no tomorrow. Good news, is a slow and ardous climb. | ||||
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JamesAng
Member |
29-Jul-2024 15:57
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Let' s buy up to 170 and burn all the short sellers
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miumiu
Veteran |
29-Jul-2024 15:47
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Sellers are putting on a good fight! | ||||
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Battle123
Elite |
29-Jul-2024 15:40
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can faster fly pass 165 a not |
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Rover88
Member |
29-Jul-2024 15:31
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wonder if the CEO deliberately make the announcement today to ' punish' these shortists. If so, he is a genius. LOL!
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