$Seatrium (S51.SG)$ kana slapped from left to right and up t...
kana slapped from left to right and up to down again..
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts.
Norway’s Akastor has triumphed in its arbitration with Jurong Shipyard, a subsidiary of the former Sembcorp Marine, that relates to four drilling rigs ordered from the Singapore contractor.
The Singapore International Arbitration Centre (SIAC) found in favour of Akastor subsidiary MHWirth (MHW) in its dispute regarding the four rigs, awarding MHW US$101.36 million as payment of termination fees. In addition, MHW has been awarded reimbursement of legal costs and certain suspension costs totalling some US$7 million, as well as interest which will be calculated
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Wonderful Day Mooooo : cut loss?
Stock WatchOP Wonderful Day Mooooo: only the interests to be booked in FY2024. Sad, China YZJ want STM to die, SG minister want STM to die and Brazil digging money from STM.... very sad... US gov also want to dig..
deming111 : This is another way of revenue as well. Apple kanah the worst.
Stock WatchOP deming111: same,, Google too
一夜之间就好 : Do you keep holding it?
Stock WatchOP 一夜之间就好: It dropped yesterday. I hope it will climb higher in the future
102469773 : Please uppp
Stock WatchOP 102469773:
Blue Eyed Boy : Seatrium adds that it has already made provision for this US$108 million.
However, interest costs will be further determined. Seatrium will book this amount within this current FY2024.
BeBlessed : Shag until face turns green
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