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$Sea Garden (S51.SG) $: Seatrium was formed by merging the marine and maritime divisions of Sembcorp Marine and Keppel, and set a goal of quadrupling its profit before interest, tax, depreciation and amortization to more than $1 billion by Investor Day. FY2028 The company aims to achieve this by maintaining the delivery of its traditional projects, increasing profit margins, and optimizing its cost and asset base. It has identified $0.3 billion in annual synergy and cost savings through standardized pricing with customers and reduced administrative expenses, and aims to save $0.2 billion in procurement by managing a more effective supply chain. Seatorium's order volume is approximately $16.2 billion, and the goal is to gain a share of the potential market of $500 billion from the “energy trilemma” over the next five years.
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