Stock Track | Seatrium Ltd Soars 3.85% in Pre-Market on Major Contract Win

Stock Track

2025/12/12

Seatrium Ltd (5E2.SI) saw its stock price surge by 3.85% in the pre-market session on Friday, following the announcement of a significant contract win.

The company, in a consortium with GE Vernova, was awarded a contract by European transmission operator TenneT to connect North Sea wind power to Germany’s power grid. This deal has brought Seatrium’s total value of new contracts secured for FY2025 to over S$4 billion, signaling strong business growth and future revenue potential.

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