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Mermaid Maritime Public Co., Ltd. ( (SG:DU4) ) has provided an update.
Mermaid Maritime Public Company Limited has announced that its subsidiaries in the Middle East have secured multiple project awards valued between USD 430 to 500 million. These contracts, which include a range of subsea services, represent a significant growth opportunity for the company and reinforce its strategic position within the energy sector’s value chain. The projects are expected to positively impact Mermaid Group’s operations from 2025 onwards, contributing to sustained long-term growth and stability for stakeholders.
More about Mermaid Maritime Public Co., Ltd.
Mermaid Maritime Public Company Limited is a leading international subsea service group specializing in diving, inspection, repairs, maintenance, and subsea cable installation services. The company operates primarily in the energy sector, focusing on providing comprehensive subsea solutions.
Average Trading Volume: 3,263,150
Technical Sentiment Signal: Buy
Current Market Cap: S$221.2M
For detailed information about DU4 stock, go to TipRanks’ Stock Analysis page.