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Swiber JMs eye equity injections for new power generation business

New business is key to unlock equity, revenue streams to pave way for restructuring

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Published Wed, Nov 1, 2017 · 09:50 PM

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Singapore

SWIBER Holdings aims to sew up a deal to buy out a private-owned player active in the growing gas-fired power generation business.

Its court-appointed judicial managers are seeking to diversify into a new business with sustainable earnings, with an eye on drawing new investments that will pave the way for the restructuring of the beleaguered offshore and marine group.

SwiberDebt restructuring

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