Seatrium listing granted in-principle approval by SGX-ST

This involves 3.4 billion consolidated shares listed on SGX-ST Mainboard.

Singapore Exchange Securities Trading Limited (SGX-ST) has granted an in-principle approval for the listing, and quotation of Seatrium Limited’s 3,411,858,914 consolidated shares on the mainboard of SGX-ST.

The approval in-principle (AIP) is subjected to compliance with the SGX-ST's listing requirements, as well as the approval of shareholders for the Proposed Share Consolidation at the forthcoming annual general meeting of the company.

The AIP is not to be taken as an indication of the merits of the proposed share consolidation, the consolidated shares, the company and/or its subsidiaries. 

The company will make further announcements in relation to the proposed share consolidation.