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SWIBER SHOCK

Swiber send O&M stocks reeling

39238166.1 (39238316) - 28_07_2016 - SWIBER HOLDINGS-RESTRUCTURING_.jpg
The share price of Catalist-listed Vallianz Holdings collapsed on Thursday morning before recovering slightly, while other offshore and marine (O&M) counters fell on shocking news that Swiber Holdings - once a darling in the Singapore oil and gas sector - has filed to wind up and is under provisional liquidation.

Singapore

THE share price of Catalist-listed Vallianz Holdings collapsed on Thursday morning before recovering slightly, while other offshore and marine (O&M) counters fell on shocking news that Swiber Holdings - once a darling in the Singapore oil and gas sector - has filed to wind

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