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Swiber Holdings Ltd Announces Disposal Of Joint Venture Company

Monday, 30 Sep 2013 07:25pm EDT 

Swiber Holdings Ltd announced that Swiber Offshore Construction Pte. Ltd. (SOC), a wholly owned subsidiary of the Company, had disposed 2,000 shares, representing 50% equity interest of Rawabi Swiber Offshore Services Co. Ltd. (RSOS) to a subsidiary of an associated company for a total cash consideration of USD1,450,000.00 Following the Disposal, RSOS has ceased to be a joint venture company of the Group. 

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21 Aug 2014