Seatrium’s share spike could be attributed to the company’s memorandum of understanding (MOU) signing with BP for a second deepwater floating production unit project announced on the morning of Feb 13.
According to broadsheet The Straits Times, the Association of Singapore Marine and Offshore Energy Industries (ASMI) said it intends to help Singapore’s marine and offshore energy companies grow sustainably by creating and redesigning 1,000 local job roles by 2030.
On Feb 11, Yoma released its trading updates for the quarter ended Dec 31, 2024. During the quarter, Yoma’s revenue surged by 54% y-o-y in Myanmar kyat (MMK) terms mainly due to growth in Yoma’s real estate development and food and beverage (F&B) businesses. Revenue in US dollar (USD) terms dipped by 2.4% y-o-y to US$48.6 million ($65.62 million).