Latest Forum Topics /
Seatrium Ltd
Last:2.03
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The SEA of Hopes and ATRIUM of Surprises
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MrBear12
Supreme |
28-Mar-2024 11:52
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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The hungry bears are coming back. | ||||
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eugesun
Elite |
28-Mar-2024 11:50
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Definitely attack, so much negative view surface...good to accumulate again..
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Obaubyi
Member |
28-Mar-2024 11:49
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Not really Earth shaking news.  Why need trading halt? Now news out for so long already why trading halt still not lifted? |
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beetlejuice
Master |
28-Mar-2024 11:46
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Yep agree. 两 岸 猿 声 啼 不 住 , 轻 舟 已 过 万 重 山 .
Another uncertainty resolved.
Short term is sound & fury, signifying nothing.
Keep longer to see results.
Seatrium is stirring in the right direction.
I bought in some to prep for consolidation.
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SAVIORFOREVER
Supreme |
28-Mar-2024 11:45
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Just need to consolidate back to blue chip status for shortsellers to short big again.
Trade with caution and DYODD
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TiamTiamHuat
Member |
28-Mar-2024 11:41
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Yup, more likely BB will short the counter again
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SAVIORFOREVER
Supreme |
28-Mar-2024 11:39
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Shortsellers likely to attack again.
Trade with caution no contra buy and DYODD
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Eagle88
Supreme |
28-Mar-2024 11:34
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All the bad things gone, only good things coming !!!
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Chansenghoe1971
Elite |
28-Mar-2024 11:32
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Bullets for shortlists
1) share conso 2) Brazil corruption case 3) underwhelming business review 4) what else? Slowly the dark clouds will clear and then soar to clear blue sky. |
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TiamTiamHuat
Member |
28-Mar-2024 11:31
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还 是 同 样 一 句 话 马 照 跑 , 舞 照 跳
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eddyeddy
Master |
28-Mar-2024 11:24
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The Company also wishes to emphasise that it remains committed to the highest standards of compliance, including in particular zero tolerance for bribery and corruption. -End.
After reading this , I am more confident in the company ! |
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TiamTiamHuat
Member |
28-Mar-2024 11:23
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Heng ar, no impact on the earnings
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Chansenghoe1971
Elite |
28-Mar-2024 11:19
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As mentioned, all Kitchened sink.
No iimpact Sky clear for take off soon. Water under bridge
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eugesun
Elite |
28-Mar-2024 11:18
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Wow, already booked in 2023...still hold trading...no impact on 2024 finance report...
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MrBear12
Supreme |
28-Mar-2024 11:11
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Hold your horses! | ||||
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Eagle88
Supreme |
28-Mar-2024 11:09
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I have full confidence in Seatrium !!!
Just buy when the price is just right for entry.
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huattuatua
Elite |
28-Mar-2024 11:09
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think afternoon the gambling begins, hahahahaha | ||||
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huattuatua
Elite |
28-Mar-2024 11:08
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SINGAPORE AUTHORITIES AGREEABLE TO ENTER INTO DEFERRED PROSECUTION AGREEMENT Singapore, 28 March 2024 - Seatrium Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its previous announcements on the investigations by the Brazilian authorities in connection with Operation Car Wash, with the latest being the announcement dated 26 February 2024.1 The investigations have been undertaken by the Brazilian authorities into the affairs of Sembcorp Marine Limited and certain of its subsidiaries. The Company also refers to the statement released by the Corrupt Practices Investigation Bureau (&ldquo CPIB&rdquo ) on 31 May 2023 stating that it had commenced investigations on the alleged corruption offences that occurred in Brazil. On 26 February 2024, the Company announced that it had reached in-principle settlement agreements with the Brazilian authorities in relation to the same matter. The Company now wishes to update that the Attorney-General&rsquo s Chambers (&ldquo AGC&rdquo ) (as the office of the Public Prosecutor in Singapore) is agreeable to enter into a deferred prosecution agreement (the &ldquo DPA&rdquo ) with the Company within the meaning of section 149A of the Criminal Procedure Code 2010 (2020 Rev Ed). As part of the terms of the DPA, the AGC is agreeable for the DPA to impose on the Company a requirement to pay a financial penalty of US$110 million. The AGC is agreeable for up to a maximum of US$53 million of the payments to be made by the Company to the Brazilian authorities to be credited against the financial penalty. Accordingly, the amount payable by the Company to the Singapore authorities under the DPA will be US$57 million2 (equivalent to approximately S$76.5 million3 ). A provision of S$76.5 million has been made in the Group&rsquo s audited financial statements for the financial year ended 31 December 2023 (&ldquo FY2023&rdquo ) as this is an adjusting event for 2023. Please refer to the Company&rsquo s announcement today, titled &ldquo Announcement Pursuant to Rule 704(6) of the Listing Manual - Adjustment to the Financial Results from Subsequent Material Event&rdquo on the impact and adjustment to the Group&rsquo s unaudited financial results for the six months ended 31 December 2023 and FY2023, which results were previously announced on 26 February 2024. As such, there is no material impact on the net earnings and net tangible asset per share of the Group for the financial year ending 31 December 2024. The other terms of the DPA are to be agreed between the AGC and the Company in due course and will be contained in a definitive DPA to be entered into between the Company and the AGC. Once the definitive DPA is executed, the AGC will be required to apply to the General Division of the High Court in Singapore for a declaration that the DPA is in the interests of justice and the terms of the DPA are fair, reasonable and proportionate. 1 More announcements relating to this matter are available on the Company&rsquo s website at https://www.seatrium.com. 2 Based on the settlement payment agreed with the Brazilian authorities of approximately US$135.9 million. 3 Conversion between S$ and US$ is based on FY2023 December book closing rate of US$1 = S$1.3421. The Company wishes to highlight to its shareholders that the DPA remains subject to the AGC&rsquo s agreement and approval of the General Division of the High Court in Singapore. Shareholders are advised to exercise caution when dealing with the shares or other securities of the Group. Shareholders should consult their stockbrokers, bank managers, solicitors or other professional advisors if they have any doubt about the actions they should take. The Company also wishes to emphasise that it remains committed to the highest standards of compliance, including in particular zero tolerance for bribery and corruption. -End | ||||
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Eagle88
Supreme |
28-Mar-2024 11:07
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All hanging knives removed !!! Ready for consolidation and blue chip status !!!
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huattuatua
Elite |
28-Mar-2024 11:03
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bro, u must hve vested a truckloads of seatrium , hahaha
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