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Latest Forum Topics / Seatrium    Last:0.091 --  Post Reply
SembM Re-Born Rich
Everyday
Elite
13-Jul-2023 10:17     
 
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 Alert Admin 		Looks like price recovering....
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leroy55
Veteran
13-Jul-2023 09:55     
 
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 Alert Admin 		sell on the news

dontbetray      ( Date: 12-Jul-2023 15:27) Posted:

one guy saying right that one must stay calm, not too get excited. its likely sell on news

gosharej      ( Date: 12-Jul-2023 14:09) Posted:

more funds are moving  into energy stocks.  As I mentioned earlier, US funds are in also. My advice to the shortlist, you will get burnt badly.   
 
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TeoMark
Veteran
13-Jul-2023 09:47     
 
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 Alert Admin 		Wonder what's the interest rate at the current market conditions.

Joelton      ( Date: 13-Jul-2023 09:34) Posted:

Seatrium secures 720 million euro green trade finance facility from OCBC
 
OFFSHORE and marine engineering player has secured a green trade finance facility with a banker&rsquo s guarantee from OCBC worth 720 million euros (S$1.1 billion) to finance its sustainability efforts, the group said on Wednesday (Jul 12).
 
&ldquo This trade financing solution... will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the group&rsquo s implementation of green measures and investments in sustainable and environmentally-friendly technology and practices within its operations,&rdquo it said in a bourse filing.
 
The company, formerly known as Sembcorp Marine, flagged that renewables and green solutions comprise about 39 per cent of its net order book, based on its Q1 2023 business update.
 
The Straits Times Index constituent also highlighted its construction and fabrication of &ldquo several of the world&rsquo s large-scale and complex offshore converter platforms&rdquo that contribute to the green transition.
 
Acting group finance director Paul Tan added: &ldquo (It) is a testament to our commitment towards responsible and sustainable business practices in the offshore and marine industry.&rdquo
 
Elaine Lam, head of global corporate banking at OCBC, said: &ldquo This green trade finance facility, being one of the industry&rsquo s largest, attests to Seatrium&rsquo s dedication to decarbonising its operations and investing in green technology and renewable energy solutions
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Eagle88
Supreme
13-Jul-2023 09:42     
 
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 Alert Admin 		Better go back to old times, cash only and no credit terms and no loan, no banking system. No issuing of shares and no stock exchange. LOL

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 


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beetlejuice
Master
13-Jul-2023 09:42     
 
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 Alert Admin 		Zero cost for me. All given free. 💰 🧧

Everyday      ( Date: 13-Jul-2023 09:27) Posted:

Sliding down...may be profit taking...be cautious....
If shortist jump in, it will slide further...
If you are long term investor..buy at the lowest
DYODD
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Joelton
Supreme
13-Jul-2023 09:34     
 
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 Alert Admin
Seatrium secures 720 million euro green trade finance facility from OCBC
 
OFFSHORE and marine engineering player has secured a green trade finance facility with a banker&rsquo s guarantee from OCBC worth 720 million euros (S$1.1 billion) to finance its sustainability efforts, the group said on Wednesday (Jul 12).
 
&ldquo This trade financing solution... will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the group&rsquo s implementation of green measures and investments in sustainable and environmentally-friendly technology and practices within its operations,&rdquo it said in a bourse filing.
 
The company, formerly known as Sembcorp Marine, flagged that renewables and green solutions comprise about 39 per cent of its net order book, based on its Q1 2023 business update.
 
The Straits Times Index constituent also highlighted its construction and fabrication of &ldquo several of the world&rsquo s large-scale and complex offshore converter platforms&rdquo that contribute to the green transition.
 
Acting group finance director Paul Tan added: &ldquo (It) is a testament to our commitment towards responsible and sustainable business practices in the offshore and marine industry.&rdquo
 
Elaine Lam, head of global corporate banking at OCBC, said: &ldquo This green trade finance facility, being one of the industry&rsquo s largest, attests to Seatrium&rsquo s dedication to decarbonising its operations and investing in green technology and renewable energy solutions
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Waterrat
Veteran
13-Jul-2023 09:28     
 
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 Alert Admin 		Profit taking day , no green liao
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Everyday
Elite
13-Jul-2023 09:27     
 
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 Alert Admin 		Sliding down...may be profit taking...be cautious....
If shortist jump in, it will slide further...
If you are long term investor..buy at the lowest
DYODD
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beetlejuice
Master
13-Jul-2023 09:21     
 
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 Alert Admin 		I don't believe in wiggle wiggles indicators BUT I think we have discovered a highly accurate reverse indicator. Shall we call it the "456 huat huat indicator"? Any other suggestions are welcomed? 😬 🃏 💰 🧧

eugesun      ( Date: 13-Jul-2023 08:05) Posted:

He doesn't trade, but whenever he comments the price go up...praise him..

Goldfinger      ( Date: 12-Jul-2023 22:14) Posted:

Are you shortists???  Who dare bet against now, brave brave soul. The momentum is strongly in Seatrium favour now.
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naoshingo
Elite
13-Jul-2023 09:08     
 
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 Alert Admin 		Lol...I'm calling my heart surgeon now 🚑 😐

Eagle88      ( Date: 12-Jul-2023 17:40) Posted:

On the way to send you to the bank !!! LOL

naoshingo      ( Date: 12-Jul-2023 17:16) Posted:

Someone help me call ambulance. 🚑 🚑 🚑
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eugesun
Elite
13-Jul-2023 08:05     
 
eugesun About Contact  Quote this Post!  
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 Alert Admin 		He doesn't trade, but whenever he comments the price go up...praise him..

Goldfinger      ( Date: 12-Jul-2023 22:14) Posted:

Are you shortists???  Who dare bet against now, brave brave soul. The momentum is strongly in Seatrium favour now.

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 
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Goldfinger
Supreme
12-Jul-2023 22:14     
 
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 Alert Admin 		Are you shortists???  Who dare bet against now, brave brave soul. The momentum is strongly in Seatrium favour now.

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 


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Olegman
Senior
12-Jul-2023 20:47     
 
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 Alert Admin 		Wow, today I mention Share456, you really appear. IMH doctor must have made a mistake to discharge you. Seatrium' s price shot up so much, your 2 fish balls must have shrank A LOT.

Please continue to be a FEAR monger so that Seatrium can go as high as $0.50 by next year. By then I help you pay for your IMH hospital bill  crying

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 


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gosharej
Senior
12-Jul-2023 20:26     
 
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 Alert Admin 		Bank  have good forsight to loan 1B+,  if you are business man.

eugesun      ( Date: 12-Jul-2023 20:21) Posted:

Thank you bro, today over 1 billion volume. You are so powerful....going to 30c..

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 
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eugesun
Elite
12-Jul-2023 20:21     
 
eugesun About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Thank you bro, today over 1 billion volume. You are so powerful....going to 30c..

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 


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Login20
Master
12-Jul-2023 19:52     
 
Login20 About Contact  Quote this Post!  
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 Alert Admin 		Hi welcome back, you collected the Elected President form already? More audiences for you  smiley  joking with you since almost everyone here so happy today.

share456      ( Date: 12-Jul-2023 19:42) Posted:

this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 


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share456
Veteran
12-Jul-2023 19:42     
 
share456 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		this is bad news.
it means current projects cannot generate enough cash to support the new projects.
it needs to borrow more money to run the projects.
expected to report loss for June result.
maybe need right issue at end of 2023 if it is still unprofitable.
 

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 

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mrwise
Supreme
12-Jul-2023 17:52     
 
mrwise About Contact  Quote this Post! Style: Combined   Mood: happy
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 Alert Admin 		This company gona be the star of the year!!!

Eagle88      ( Date: 12-Jul-2023 17:44) Posted:

Yes, with more catalyst for sure need to revise UP UP & AWAY mah !!!

mrwise      ( Date: 12-Jul-2023 17:40) Posted:

Power!!!    $0.21!! Later they will revise upwards when it reaches $0.21!
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Eagle88
Supreme
12-Jul-2023 17:49     
 
Eagle88 About Contact  Quote this Post!  
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 Alert Admin 		I wonder whether all these good news will be reported by Business Times? as i found out lots of news regarding Seatrium were not reported or reported later than other news outlet like The Edge, don' t know for whatever reasons that they dont report them or delay to inform???

Waterrat      ( Date: 12-Jul-2023 17:27) Posted:

Seatrium Secures Green Trade Finance Facility from OCBC
&bull Seatrium secures Green Trade Finance Facility with Banker&rsquo s Guarantee worth EUR720M (S$1.04B) from OCBC Bank
&bull Seatrium&rsquo s efforts towards reducing carbon emissions and promoting sustainable practices, with the goal of contributing towards Singapore&rsquo s 2050 net-zero carbon emissions target, underpins this finance facility (aligned to Green Loan Principles1)
Singapore, 12 July 2023 &ndash Seatrium Limited (&ldquo Seatrium&rdquo , the &ldquo Company&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), a leading engineering solutions provider to the global offshore, marine and energy industry, has successfully secured a Green Trade Finance Facility from OCBC Bank. The sizable trade facility with issuance of Banker&rsquo s Guarantee, worth an estimated EUR720M (S$1.04 billion), is one of the largest syndicated financing solutions for the maritime industry, issued by a sole bank.
This trade financing solution, aligned to internationally-recognised Green Loan Principles, will support Seatrium&rsquo s offshore renewable projects and decarbonisation efforts, bolstering the Group&rsquo s implementation of green measures and investments in sustainable/environmental- friendly technology and practices within its operations.
As a leading engineering solutions and innovations partner to the global offshore, marine and
  energy industry, Seatrium
comprise approximately
2Renewables and cleaner/green solutions
improving eco-efficiency in its business practices.
has long been committed to reducing its carbon footprint and
  39% of the Group&rsquo s net order book.
  Several of the world&rsquo s large-scale and complex offshore converter platforms were constructed and fabricated by Seatrium. Notable recent project wins include Seatrium&rsquo s partnership with world leading transmission system operator, TenneT TSO B.V (TenneT), for three high voltage direct current (HVDC) mega offshore wind projects in the Netherlands. This endeavour is one of the largest and most powerful of their kind in the clean energy industry and Seatrium is involved from end-to-end, with responsibilities in engineering, procurement, construction, transportation, installation and commissioning of three 2GW HVDC Offshore Converter Platforms. The offshore converter platforms will play a key role in transforming and transmitting electricity generated by the wind turbines to the onshore grids this directly contributes to the
  global transition towards cleaner, greener and renewable solutions.
  Said Seatrium&rsquo s Acting Group Finance Director, Mr Paul Tan, &ldquo Receiving 

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Eagle88
Supreme
12-Jul-2023 17:44     
 
Eagle88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Yes, with more catalyst for sure need to revise UP UP & AWAY mah !!!

mrwise      ( Date: 12-Jul-2023 17:40) Posted:

Power!!!    $0.21!! Later they will revise upwards when it reaches $0.21!!

sweet639      ( Date: 12-Jul-2023 17:17) Posted:

Macquarie analyst Foo Zhiwei raised the TP to 0.21, implies a 69% increase.When
counter run up, many analysts will ask you to buy
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