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Stock Watch commented on a stock · Jul 30, 2024 08:34

$Seatrium Ltd (5E2.SG)$ 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.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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