Swiber seeking extra time for judicial management
SWIBER Holdings said after Monday trading close that its court-appointed judicial managers (JMs) are seeking an extension of judicial management period to Oct 31, 2018.
The JMs have also filed applications for an extension until March 31, 2018 to send creditors a statement of proposals and summon a creditors' meeting.
Singapore's High Court has placed Swiber Holdings and its subsidiary, Swiber Offshore Construction Pte Ltd, under judicial management since Oct 6, 2016.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tokyo's Nikkei drops more than 1,000 points, most in 3 years
Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Inside TSMC chairman Mark Liu's short but impactful reign
CSE Global bags US$36.5 million data centre contract extension
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances