Seatrium Ltd    Last:2.02    -0.01

Seatrium - Sea of Hopes & Atrium of Surprises (II)

Seatrium Limited (&ldquo Seatrium&rdquo , or the &ldquo Group&rdquo ) refers to its earlier announcement dated 23

September 2025 in relation to the divestment of the Group&rsquo s AmFELS Yard located at

Brownsville, Texas, in the United States.

The Group wishes to announce that the divestment has been completed on 30 January 2025

(&ldquo Completion&rdquo ). All projects carried out at the AmFELS yard has been completed and

delivered prior to Completion.

see simple announcement also can announce wrong date again, these clearly show how incompetent this company is 😜 😂

 

Yes! Fully agree. Since already in this bad shape let's hope it crashed and give everyone a chance to buy this penny stock

eugesun      ( Date: 02-Feb-2026 17:44) Posted: useless bears spend so much only drop 1 cents, waiting for low price to load up... Joyoftheworld      ( Date: 02-Feb-2026 10:28) Posted: Another Lao Hong day. Hopefully, it does not morph into a Lao Sai day.

 

useless bears spend so much only drop 1 cents, waiting for low price to load up...

Joyoftheworld      ( Date: 02-Feb-2026 10:28) Posted: Another Lao Hong day. Hopefully, it does not morph into a Lao Sai day.

 

Another Lao Hong day. Hopefully, it does not morph into a Lao Sai day.

 

WHO OWNS SEATRIUM? (Major Shareholders)

Key Insight:

• 
  
  Temasek controls 37.68% but NOT majority
• 
  
  50.7% held by retail/public  (collective veto power)
• 
  
  Highly diversified ownership  = no single controlling entity
• 
  
  Professional investors (Vanguard, BlackRock, Norges)  add credibility   

  WHAT' S CORRECT:

  1. 
     
     ✓   Perception risk IS real  (especially given legacy issues)
     • 
       
       Seatrium formed from Sembcorp Marine (now defunct)
     • 
       
       Under investigation by MAS & CAD for potential past offences​
     • 
       
       Any insider trading appearance would be catastrophic optics
     • 
       
       Valid concern in post-investigation context
  2. 
     
     ✓   Management focus concern has merit
     • 
       
       CEO compensation doubled to S$4.24M with significant equity component
     • 
       
       Questions whether equity incentives align with performance vs. stock price
     • 
       
       Could incentivize short-term stock manipulation vs. long-term value
  3. 
     
     ✓   Temasek COULD implement stricter controls
     • 
       
       As 37.68% shareholder, significant governance influence
     • 
       
       Could mandate:
       • 
         
         Explicit trading windows (more restrictive than SGX minimum)
       • 
         
         Longer holding periods (2-3 years post-vesting)
       • 
         
         Pre-clearance requirements for all transactions
       • 
         
         Enhanced public disclosure of insider activity

  ---

  WHAT' S INCORRECT:

  1. 
     
     ✗   Management is NOT " adding shares" actively
     • 
       
       Most shareholding is from VESTING of performance awards (automatic)
     • 
       
       Not discretionary open-market purchases (which would be problematic)
     • 
       
       Directors receive shares as FEE PAYMENT component (mandated, not chosen)
     • 
       
       Very different from " loading up on shares"
  2. 
     
     ✗   Temasek HAS already restricted insider activity
     • 
       
       Seatrium' s Code of Conduct explicitly prohibits trading on inside information​
     • 
       
       Compliant with Singapore Securities and Futures Act Section 218
     • 
       
       Policy exists it' s just NOT publicly detailed in investor materials
  3. 
     
     ✗   Share-based compensation is STANDARD and appropriate
     • 
       
       Aligns executives with shareholder value creation
     • 
       
       Global best practice (Apple, Microsoft, etc.)
     • 
       
       CEO owning only 0.295% is actually VERY LOW concentration
     • 
       
       No indication of problematic alignment
  4. 
     
     ✗   Insider trading risk is MANAGED, not unmanaged
     • 
       
       All insider transactions reported within 3 business days (SGX requirement)
     • 
       
       Publicly available on SGX announcements
     • 
       
       Legal framework adequately covers this

Speediman      ( Date: 28-Jan-2026 13:36) Posted: It is better that TOP management and staff focus on their jobs not adding shares.  Temasek could have restricted them on share activities to prevent any accusation of insider trading.    geographic      ( Date: 28-Jan-2026 12:04) Posted: i think many are seatrium staff tasked to speak favorably but may not be vested. Nvr heard on SGX announcement about their top management increasing their stakes in the company.

 

It is better that TOP management and staff focus on their jobs not adding shares. 
Temasek could have restricted them on share activities to prevent any accusation of insider trading. 






 

geographic      ( Date: 28-Jan-2026 12:04) Posted: i think many are seatrium staff tasked to speak favorably but may not be vested. Nvr heard on SGX announcement about their top management increasing their stakes in the company.

 

i think many are seatrium staff tasked to speak favorably but may not be vested. Nvr heard on SGX announcement about their top management increasing their stakes in the company. 

 

yes, patient. use extra cash to ride with bears...many die hard bears here too. take advantage of them...huat ahhh

geographic      ( Date: 27-Jan-2026 22:56) Posted: Need to have a lot of patience for this counter. I already kena stuck for 12 years! I believe it will do well in another decade. eugesun      ( Date: 27-Jan-2026 20:13) Posted: you go ahead huat ahhh

 

understand why Andrewtan18 made that assumption bcos what you said is far-fetched ... below $1 in 2027
considering there are diehard supporters of Shitrium .... even though it is saddled with it. i chose to pare down 
it is lagger considering all the peers already out of sight ... this tortoise sometime walk a little and when the slope is steep, it roll back ... humpty dumpty
just let it rest ... don' t think about it 

 

The sky is at its darkest before dawn. I guess you have already sold your shares. Good luck. Bye. 

ahbui8      ( Date: 27-Jan-2026 11:53) Posted: LOL maybe surprise negative result again, share price drop below $2, then out of index constituents, below $1.00 in 2027!  Speediman      ( Date: 27-Jan-2026 11:01) Posted: Seatrium is most likely to report a good set of results further cementing its recovery Hopefully dividend will be good too. Waiting for it to retest $2.3 once it release some good news.

 

Need to have a lot of patience for this counter. I already kena stuck for 12 years! I believe it will do well in another decade.

eugesun      ( Date: 27-Jan-2026 20:13) Posted: you go ahead huat ahhh. haizzz      ( Date: 27-Jan-2026 19:19) Posted: STI approaching 5000, Keppel past $11 and this hopeless stock still at preconsolidation price...join the shortist lah.

 

you go ahead huat ahhh.

haizzz      ( Date: 27-Jan-2026 19:19) Posted: STI approaching 5000, Keppel past $11 and this hopeless stock still at preconsolidation price...join the shortist lah.

 

STI approaching 5000, Keppel past $11 and this hopeless stock still at preconsolidation price...join the shortist lah.

 

Selling retreats, bargain buyers are coming back 

geographic      ( Date: 27-Jan-2026 14:04) Posted: Seatrium very resilient! Strong support today at $2.09. Good opportunity to accumulate.

 

Seatrium very resilient! Strong support today at $2.09. Good opportunity to accumulate.

 

I used to be extremely negative since Semb marine collapsed. However I think they have turned the corner when they secured the big green contract Better days are coming

QueenMaya      ( Date: 27-Jan-2026 12:59) Posted: Gave up hope on this stock a while back and moved on. Made so much more and happier. Dont place any hope on Seatrium. Its a never ending web of mess. Speediman      ( Date: 27-Jan-2026 12:01) Posted: Unlikely to post very bad results. Last FY already cleared out alot of junk The bad stuff will be in arbitration and seatrium Unlikely to be at losing end. No fear lah..

 

Gave up hope on this stock a while back and moved on. Made so much more and happier. Dont place any hope on Seatrium. Its a never ending web of mess.

Speediman      ( Date: 27-Jan-2026 12:01) Posted: Unlikely to post very bad results. Last FY already cleared out alot of junk The bad stuff will be in arbitration and seatrium Unlikely to be at losing end. No fear lah.. ahbui8      ( Date: 27-Jan-2026 11:53) Posted: LOL maybe surprise negative result again, share price drop below $2, then out of index constituents, below $1.00 in 2027!

 

Unlikely to post very bad results. Last FY already cleared out alot of junk The bad stuff will be in arbitration and seatrium Unlikely to be at losing end. No fear lah..

ahbui8      ( Date: 27-Jan-2026 11:53) Posted: LOL maybe surprise negative result again, share price drop below $2, then out of index constituents, below $1.00 in 2027!  Speediman      ( Date: 27-Jan-2026 11:01) Posted: Seatrium is most likely to report a good set of results further cementing its recovery Hopefully dividend will be good too. Waiting for it to retest $2.3 once it release some good news.

 

LOL maybe surprise negative result again, share price drop below $2, then out of index constituents, below $1.00 in 2027! 

Speediman      ( Date: 27-Jan-2026 11:01) Posted: Seatrium is most likely to report a good set of results further cementing its recovery Hopefully dividend will be good too. Waiting for it to retest $2.3 once it release some good news.

 

Seatrium is most likely to report a good set of results further cementing its recovery Hopefully dividend will be good too. Waiting for it to retest $2.3 once it release some good news.