$Seatrium Ltd(5E2.SI)$ What I

What I like in the business updates: [Glance]

The group achieved order wins of over $11 billion for project P-84 and P-85.[Surprised]

2. Project HVDC electrical transmission sys to commence work by June 2024 ( meaning STM will be collecting another big sum of deposit for that stage)[Miser] [Miser]

3. The full & final settlement for the arbitration dropped from US$108 m to US$68m.[Facepalm]

4.STM management set aside $100 m for shares buy back programme, this will stabilise the price.[Call]

Modified in.05-30

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Comments

Trevelyan
05-30
Trevelyan
$11 billion in order wins is huge.
- Star in the Sky:
  yes.. .. hope no more " car wash" incident in the country

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