|Bid||0.1030 x 0|
|Ask||0.1040 x 0|
|Day's range||0.1020 - 0.1040|
|52-week range||0.1010 - 0.1510|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||N/A|
|Earnings date||26 Feb 2024 - 01 Mar 2024|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||25 Apr 2018|
|1y target est||0.18|
Seatrium Ltd, an energy and marine solutions company, said on Thursday it has completed the installation of a floating Energy Storage System (ESS) in Singapore, which is due to be operational by the first quarter of 2024. Seatrium has been working in partnership with Singapore's Energy Market Authority (EMA), and this is the first floating and stacked ESS in Southeast Asia, the company said in a statement. An ESS operates as an energy reservoir, capturing surplus energy during periods of low demand and releasing it during peak power consumption periods.
The FPU was for the contract that was signed with Shell Offshore in November 2019.
Both agreements were signed at a joint ceremony on Oct 6.