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$Seatrium Ltd (5E2.SG)$ Seatrium's share price has been vola...

$Seatrium Ltd (5E2.SG)$ Seatrium's share price has been volatile, dropping after its exclusion from the MSCI index and rebounding after winning a significant or...
Seatrium's share price has been volatile, dropping after its exclusion from the MSCI index and rebounding after winning a significant order, but recently declining again.
The MAS and CAD are investigating Seatrium and its officers for potential offences related to Operation Car Wash, leading to a recent sell-off in shares and negatively impacting its price.
Seatrium plans to increase EBITDA to over $1 billion and ROE to more than 8% by 2028, a significant improvement from FY23.
Growth in EBITDA is expected from increased revenue, particularly in the renewable energy sector, and $500 million in annual savings from synergies and procurement following its merger with Keppel Offshore and Marine.
Source: @sgsiasorg
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