Seatrium falls 5.4% after fines, despite strong H1 results
The company announced on Wednesday (30 Jul) that it would pay S$240 million in fines to authorities in Brazil and Singapore to settle corruption offences.
The counter dropped to S$2.270 as at 10.19 am with 23.9 million shares changing hands. It was down S$0.130 or 5.4 per cent from Wednesday's closing price of S$2.400.
It was the most traded stock by volume on the SGX as at 10.19 am.
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