Keppel (SGX:BN4) said a segregated account holding Seatrium shares and cash--set aside in connection with the 2023 merger of Keppel Offshore & Marine and Seatrium--has been terminated after no further liabilities were found, according to a Friday filing on the Singapore Exchange.
The account, created to cover potential claims from Seatrium, held about 68.6 million Seatrium shares and SG$274.8 million in cash as of end-2024.
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