Swiber

Former Swiber director fined S$310,000 for false project announcement, insider trading

Yeo Chee Neng, who was later made Swiber’s chief executive, is also disqualified from being a director of any company for five years

The first charge by the prosecutors was related to Swiber’s SGX announcement in December 2014 about having secured a US$710 million award to provide certain services for an offshore field development project in West Africa.

Swiber founder fined S$100,000 over false project announcement, listing rule breaches

RAYMOND Goh, the founder and chairman of insolvent offshore oil and gas services contractor Swiber, was on Wednesday (Apr 17) slapped with a fine of S$100,000 for a charge of making a false announceme...

Former Swiber CEO Francis Wong Chin Sing arriving at the State Courts on Monday (Mar 25).

Ex-Swiber CEO fined S$100,000 over untrue announcement of project

THE former executive director and group chief executive officer (CEO) of Swiber Holdings, Francis Wong Chin Sing, was on Monday (Mar 25) fined S$100,000 for making a false statement under the Securiti...

Swiber was put under judicial management in 2016 and delisted on Jun 23, after having been listed for about 17 years.

Eight ex-directors of insolvent Swiber charged with offences under Securities and Futures Act

EIGHT former directors of Swiber, including the founder, have been charged under the Securities and Futures Act (SFA) for alleged breaches in 2014 by the now-insolvent and delisted offshore and marine...

Swiber says the company’s shares held by the central depository as at Jun 23 will be withdrawn.

Swiber to delist on Jun 23

INSOLVENT offshore and marine group Swiber will delist on Jun 23, it said on Wednesday (Jun 21).

Insolvent offshore and marine group Swiber Holdings has been allowed by SGX to delist, with the date of its exit from the exchange to be announced.

Halcyon Agri allowed time to restore free float; Swiber’s proposed delisting granted

THE Singapore Exchange (SGX) has no objections to granting Halcyon Agri Corporation an extension to meet the free float requirement as well as to Swiber Holdings’ proposed delisting, the two companies...

Stocks to watch: AVJennings, LMIRT, Mapletree Greater China, OSV owners

Stocks to watch: AVJennings, LMIRT, Mapletree Greater China, OSV owners

THE following stocks had announcements that could affect trading activity on Tuesday.

Oil services firm Swiber's headquarters in Jurong East. In March, the group entered into an arrangement to sellthe property. The company is under judicial management.

Swiber unit inks preliminary deal to sell vessel for US$30m

RESOLUTE Offshore, a wholly-owned subsidiary of Swiber Holdings, has entered into a non-binding letter of intent with Saudi company Rawabi Vallianz Offshore Services for a proposed disposal of a vesse...

Built in 2009, the Swiber Quetzal is a pipe lay and accommodation work barge registered under the Mexico flag.

Swiber unit inks conditional agreement to sell vessel for US$8.5 million

QUETZAL Offshore, a wholly-owned unit of Swiber Holdings, on Aug 31 signed a conditional agreement to sell a motor vessel, the Swiber Quetzal, for a proposed sum of US$8.5 million in cash.

Swiber enters MOU to sell its Jurong headquarters for S$30.8m

Swiber enters MOU to sell its Jurong headquarters for S$30.8m

SWIBER Holdings said on Tuesday (Mar 8) that it has entered into a non-binding memorandum of understanding (MOU) with an independent third-party purchaser to sell its headquarters at 12 International ...