$Seatrium Ltd (5E2.SG)$ Finally over...[Worship][Worship] Se...
Finally over...![]()
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Seatrium, on June 20, announced that its wholly-owned subsidiary Seatrium New Energy and RigCo Holding have entered into a settlement agreement with Awilco Drilling PLC, Awilco Rig 1 (AR1), and Awilco Rig 2 (AR2).
As the full and final settlement of the two arbitration awards, AR2 will receive a settlement sum of US$57 million ($77 million).
The settlement agreement is not expected to impact Seatrium’s net tangible assets (NTA) or earnings per share (EPS) for the FY2024 ending Dec 31.
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VictorT : most important is no financial and cash flow impact to seatrium. all payable by the other party.
Stock Watch OP VictorT :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
陈文强 : Good news doesn't rise, it's strange that a little bit of bad news plummets
Stock Watch OP 陈文强 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103819482 : The news was released for retail investors to see...![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")