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Swiber Holdings Ltd Announces Dissolution Of Subsidiaries

Wednesday, 29 May 2013 05:39am EDT 

Swiber Holdings Ltd announced that the following indirect wholly-owned subsidiaries (Subsidiaries) have been de-registered: Kreuz Offshore Contractors Limited, a company incorporated in Labuan, Malaysia and Equatoriale Offshore Pte. Ltd., a company incorporated in Republic of Singapore The Subsidiaries have been dormant since the date of incorporation. The deregistration of the Subsidiaries are not expected to have any material financial impact on the consolidated net tangible assets per share and consolidated earnings per share of the Company and its Group for the current financial year ending December 31, 2013.