Swiber Holdings

SINGAPORE (July 28): DBS Group Holdings says it has a total exposure of $700 million to the Swiber group of companies, which includes loans, bonds and off-balance sheet items.

SINGAPORE (July 28): Swiber Holdings says it has filed for an application on Wednesday to wind up the company, and that its directors have resigned.

SINGAPORE (July 8): Swiber Holdings has announced the incorporation of a wholly owned subsidiary, Swiber Assets. The newly formed subsidiary is an investment holding company with an initial issued capital of US$10,000.

SINGAPORE (June 7): Corporate bond offerings by some of Singapore’s biggest companies are drawing such strong demand from investors that they are artificially lowering borrowing costs for weaker borrowers, according to S&P Global Ratings.

SINGAPORE (June 7): Singapore’s offshore and marine stocks are winning investor interest on the back of firmer oil prices.

SINGAPORE (June 7): Swiber Holdings has secured three contracts worth US$215 million ($291.4 million) for engineering, procurement, construction and installation (EPCI) related works.