Seatrium - UOB Kay Hian 2024-11-12: Keep On Keeping On

• Seatrium’s 3Q24 business update showed that it continues to execute well on its projects.
• After the end of the quarter, the company signed an LOI for a US$400m EPC project from a Japanese client with the potential award of the contract in 1Q25.
• - Read this at SGinvestors.io -

A relatively uneventful 3Q24 business update.

• See Seatrium's announcement dated 11 Nov 2024 – Seatrium’s business update was relatively uneventful with the key highlights being deliveries of three major projects to its customers year-to-date.
• - Read this at SGinvestors.io -
• As at end- 3Q24, Seatrium’s net orderbook stood at S$24.4b, with deliveries out to 2031.

LOI worth US$400m with Penta-Ocean.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-11-14 Seatrium - Sailing To Higher Margins But New Order Wins The Key.

Previous report by UOB:
2025-08-28 Seatrium - Arbitration Afoot But Strengthens Orderbook With New Projects.

Price targets by other brokers at Seatrium Target Prices.

Listing of research reports at Seatrium Analyst Reports.

Relevant links:
Seatrium Share Price History,
Seatrium Announcements,
Seatrium Dividend Payout Dates & Corporate Actions,
Seatrium News