Seatrium refers to its earlier announcement dated 23 February 2026 in relation to the divestment of its Karimun Yard located on Karimun Island, Indonesia. The Group wishes to announce that the divestment has been completed on 9 March 2026. This divestment, together with other non-core asset divestments disclosed in the earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion.
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Source: Seatrium
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