Swiber's judicial management applications hearing to be heard on Aug 2

Angela Tan

Angela Tan

Published Mon, Aug 1, 2016 · 11:58 PM

    Swiber Holdings's judicial management applications hearing by the Singapore High Court has been fixed at 5pm on Tuesday.

    Cameron Lindsay Duncan, joint provisional liquidator of the oil and gas-related firm, said late Monday that the application would be heard in Chamber 4B.

    The High Court has also fixed a judge pre-trial conference for Friday, August 5 at 10.00am in Chamber 4A.

    Swiber, which had previously said it was winding up, did a backpedal last Friday and said it would be placing the company under judicial management instead.

    Under judicial management, debt-ridden Swiber will be able to continue operating but under court supervision while attempting to turn around the business.

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