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Stocks to watch: Seatrium, ComfortDelGro, Samudera Shipping, Koda

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Vivienne Tay

Vivienne Tay

Published Thu, Dec 28, 2023 · 08:30 AM
    • Seatrium bags S$400 million in refinancing with sustainability-linked option.
    • Seatrium bags S$400 million in refinancing with sustainability-linked option. PHOTO: SEATRIUM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE following companies saw new developments that may affect trading of their securities on Thursday (Dec 28):

    Seatrium : The energy and marine solutions group has refinanced an existing loan facility due February 2024 with a S$400 million loan from DBS. The three-year committed loan facility includes a sustainability-linked conversion option, said the group on Thursday. Shares of Seatrium ended S$0.002 or 1.8 per cent higher at S$0.115 on Wednesday.

    ComfortDelGro : The transport operator will increase its commissions from cabbies to 7 per cent from 5 per cent from Jan 1, 2024, applicable to app and phone-booked rides. The hike was reported by Chinese language daily Lianhe Zaobao on Dec 26 and follows a fare increase and extended surcharge hours aimed at helping taxi drivers defray higher operating costs. Its counter ended flat at S$1.38 on Wednesday.

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