Swiber Holdings' judicial management period extended till Oct 1, 2017
Published Thu, Dec 1, 2016 · 02:04 PM
SWIBER Holdings Limited said the Singapore High Court has ordered that the judicial management period for the group be extended for a further 180 days from April 4, 2017 to Oct 1, 2017.
The Court approved on Thursday the judicial managers' application for an extension of time to send a statement of proposals to creditors and to summon a creditors' meeting.
The judicial managers will also be making arrangements to convene an informal creditors' meeting in January, ahead of a creditors' meeting.
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