Swiber Holdings Ltd (SWBR.SI)
27 Jul 2016
* As of 6 october 2016, total sum of claims received by group is approximately us$246.1 million Source text for Eikon: Further company coverage:
* Board wishes to notify that applications were heard today in Singapore high court
BRIEF-Swiber Holdings announces default on upcoming redemption and coupon payment of series 15 Notes
* Unable to redeem and to pay upcoming coupon payment for series 015 S$100mln 5.55% fixed rate notes
* Singapore offshore and marine firms hit by oil price drop (Adds details from court, context on offshore and marine sector)
SINGAPORE, Oct 6 A Singapore court on Thursday appointed financial advisory firm KPMG as judicial manager for troubled oilfield services provider Swiber Holdings Ltd.
SINGAPORE, Sept 18 Troubled Singaporean oilfield services firm Swiber Holdings said late on Friday it was unable to make the coupon payment for its 450 million yuan ($67.5 million) fixed rate notes due on Sunday.
SINGAPORE Troubled Singapore oilfield services firm Swiber Holdings said on Monday its interim judicial managers saw "reasonable" prospects of saving the company.
(The following statement was released by the rating agency) SINGAPORE, August 09 (Fitch) Singapore banks' 2Q16 results showed pressure on profitability and asset quality, but credit profiles should remain resilient despite the weaker operating environment, says Fitch Ratings. We believe the banks have sufficiently strong loss-absorption buffers to withstand rising, cyclical global risks. Singapore banks enjoy steady funding and liquidity profiles and strong capitalisation. We expect a mode
SINGAPORE, Aug 8 Swiber Offshore Construction, part of troubled Singapore oilfield services firm Swiber Holdings, has received an interim court order to halt payment of bank guarantees for projects it was involved in, a stock exchange filing showed.
* Shares up 0.4 pct early, underperformed peers this year (Adds external quote, DBS' China comments)