Seatrium Limited (SG:5E2) has released an update.
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Seatrium Limited, formerly known as Sembcorp Marine Limited, is currently under a joint investigation by the Monetary Authority of Singapore and the Commercial Affairs Department for possible violations related to Operation Car Wash. Shareholders and potential investors are advised to practice caution and seek professional advice when dealing with the company’s shares amid ongoing investigations. Seatrium Limited is cooperating fully with the authorities and will keep the public informed of any significant developments.
For further insights into SG:5E2 stock, check out TipRanks’ Stock Analysis page.