Brief: Keppel Issues Notice Of Arbitration To Commence Arbitration Proceedings Against Seatrium

Keppel

26/08/2025 11:33

Aug 26 (Reuters) - Keppel Ltd KPLM.SI:

NOTICE OF ARBITRATION ISSUED TO COMMENCE ARBITRATION PROCEEDINGS AGAINST SEATRIUM FOR CLAIM AMOUNT

CO'S INDEMNITY CLAIM AGAINST SEATRIUM WOULD THEREFORE AMOUNT TO S$68.4 MILLION

INDEMNITY CLAIM AGAINST SEATRIUM WOULD THEREFORE AMOUNT TO S$68.4 MILLION

PURSUANT TO FINAL LENIENCY DEALS, SEATRIUM ANNOUNCED IT IS REQUIRED TO PAY AGGREGATE FINAL SETTLEMENT PAYMENT OF BRL 728.9 MILLION

Further company coverage: KPLM.SI

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