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Swiber Holdings Ltd (SWBR.SI)

SWBR.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Swiber says court granted extension of time to summon creditors' meetings
Monday, 10 Jul 2017 10:04am EDT 

July 10 (Reuters) - Swiber Holdings Limited :Singapore high court also extended validity of orders placing companies in judicial management to 21 March 2018.Court granted extension of time to 21 Oct, for judicial managers to send creditors statement of proposals & to summon creditors' meetings.Refers to orders of Singapore high court for placing co and its unit, Swiber Offshore Construction Pte Ltd into judicial management.  Full Article

Alam Maritim Resources refers to an order had been granted by the High Court Of Malaya Kuala Lumpur
Friday, 7 Jul 2017 07:26am EDT 

July 7 (Reuters) - Alam Maritim Resources Bhd :An order had been granted by the High Court Of Malaya Kuala Lumpur in favour of KTL Offshore Pte Ltd‍​.Order stating that Alam Swiber Offshore may be wound up by the court‍​.  Full Article

Swiber Holdings says judicial managers are seeking extension of judicial management period
Wednesday, 5 Jul 2017 05:23am EDT 

July 5 (Reuters) - Swiber Holdings Limited ::Notifies that judicial managers of companies have filed applications.Judicial managers are also seeking an extension of judicial management period to 21 march 2018.Refers to orders of Singapore high court dated 6 october 2016 placing co and unit into judicial management.Applications for extensions of time until 21 Oct 2017 to send to creditors a statement of proposals and summon a creditors' meeting.  Full Article

Swiber Holdings updates on change of interest in Somex Holdings B.V
Tuesday, 20 Jun 2017 09:06am EDT 

June 20 (Reuters) - Swiber Holdings Limited :Change of interest in Somex Holdings B.V.Somex has ceased to be an associated company of company and has become a wholly-owned subsidiary of company.  Full Article

Swiber Holdings announce creditors voluntary liquidation of Tuscan Offshore Pte
Wednesday, 31 May 2017 06:40am EDT 

May 31 (Reuters) - Swiber Holdings Ltd :Creditors voluntary liquidation of Tuscan Offshore Pte. Ltd.Tuscan Offshore, a unit of company, has made and lodged with registrar a statutory declaration for creditors' voluntary liquidation.Unit appointed Messrs Bob Yap Cheng Ghee, Graham Hunter Martin & Toh Ai Ling, All Care Of KPMG Services Pte., as joint and several provisional liquidators of TOPL.  Full Article

Vallianz Holdings enters set-off and settlement agreements with Swiber Holdings Ltd and Rawabi Holding Co
Wednesday, 24 May 2017 07:18am EDT 

May 24 (Reuters) - Vallianz Holdings Ltd :Vallianz restructures net payables and advances of up to us$138.7 million to conserve cash and strengthen equity base.Entered into separate set-off and settlement agreements with Swiber Holdings Limited and Rawabi Holding Company Limited.Rawabi also agreed to convert shareholder's advances of us$102.1 million into equity.Group entered into agreement to convert net payables to swiber of us$36.6 million into equity."Group plans to resume its proposed rights cum warrants issue exercise as soon as practicable".  Full Article

Swiber Holdings updates on liquidation of Southsea Marine and Swiber Atlantis
Friday, 12 May 2017 08:27am EDT 

May 12 (Reuters) - Swiber Holdings Limited :Southsea Marine Pte. Ltd. and Swiber Atlantis Pte. Ltd. have been placed into liquidation.Messrs Tam Chee Chong, Andrew Grimmett, care of Deloitte & Touche LLP appointed as joint and several liquidators of Southsea Marine Pte. & Swiber Atlantis.  Full Article

Swiber announces resignation of CFO Leonard Tay
Tuesday, 2 May 2017 10:41am EDT 

May 2 (Reuters) - Swiber Holdings Ltd ::Tay Gim Sin Leonard to resign as a group chief financial officer.  Full Article

Swiber says Accounting And Corporate Regulatory Authority grants extension of time to hold 2017 AGM
Tuesday, 25 Apr 2017 10:32am EDT 

April 25 (Reuters) - Swiber Holdings Ltd :Accounting And Corporate Regulatory Authority grants extension of time to hold 2017 AGM by 1 Dec and to lay FY2016 financial statements at 2017 AGM.  Full Article

Swiber Holdings says unable to redeem and pay coupon payment for series 014 notes
Wednesday, 19 Apr 2017 05:19am EDT 

April 19 (Reuters) - Swiber Holdings Ltd :Default on redemption and coupon payment of series 14 notes.Unable to redeem and pay coupon payment for series 014 SGD160 million 7.125% fixed rate notes due 2017.  Full Article