Seatrium Limited announced on Mar, 09 2026 that it has completed the divestment of its Karimun Yard located on Karimun Island, Indonesia.
The transaction, first disclosed on Feb, 23 2026, is part of the company’s wider programme to sell non-core assets and is expected to generate more than 50 million Singapore dollars in annualised cost savings once fully implemented.
The Karimun Yard sale accompanies other non-core asset divestments previously outlined by Seatrium.
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