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$Seatrium Ltd (5E2.SG)$ Seatrium : wholly owned subsidiary h...

Seatrium : wholly owned subsidiary has secured a S$1.1 billion syndicated bank guarantee facility to grow its business in the future.
Backed by eight financial institutions including DBS Bank and Standard Chartered Bank, the three-year facility is the first of its kind in the offshore and marine industry in Singapore.
This shows that banks are confident that Seatrium is returning to it's glory day.
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