Swiber

SINGAPORE (Aug 8): In fretting over DBS Group's nonperforming loans, investors may be ignoring a slipperier banana peel: contingent liabilities.

SINGAPORE (Aug 5): Shares of DBS are down 1.2% at $14.86, falling for the seventh consecutive session as investors worry about the bank's exposure to the oil and gas sector.

SINGAPORE (Aug 3): UOB Kay Hian is turning negative on the offshore and marine (O&M) sector, downgrading its rating to “underweight” on mounting liquidity pressure on the sector amid a prolonged downturn.

SINGAPORE (Aug 1): EMS Energy, the provider of engineering services to the oil and gas and marine industries, on Monday declared that it does not have any business dealing with Swiber Holdings.

SINGAPORE (Aug 1): Vessel charterer Vallianz revealed that as at end March it had trade receivables and other receivables owing from Swiber entities amounting to US$61.9 million ($83 million).

SINGAPORE (July 11): Swiber Holdings is currently seeking legal advice regarding the delay of a proposed preference share subscription.