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Swiber white knight may come from outside industry

Saturday, September 3, 2016 - 05:50

39371179.3 (39421903) - 11_08_2016 - SINGAPORE-LENDING-BANKING-OIL.jpg
The ongoing judicial management (JM) proceedings of beleaguered Swiber Holdings have granted debt holders extra time to explore the possibility of a softer landing against unrelenting headwinds in the offshore and marine (O&M) industry.

Singapore

THE ongoing judicial management (JM) proceedings of beleaguered Swiber Holdings have granted debt holders extra time to explore the possibility of a softer landing against unrelenting headwinds in the offshore and marine (O&M) industry.

This could also be the biggest

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