Brief: Swiber Holdings Says Creditors Of Co And Unit Voted In Favour Of Restructuring Proposal
29/05/2019 16:16
May 29 (Reuters) - Swiber Holdings Ltd SWBR.SI :
* CREDITORS OF SWIBER HOLDINGS LIMITED (AND SWIBER OFFSHORE
CONSTRUCTION VOTED IN FAVOUR OF A RESTRUCTURING PROPOSAL
* RESOLUTION TO APPROVE RESTRUCTURING PROPOSAL WAS APPROVED
BY 83%
OF SHL'S CREDITORS
* CREDITORS ALSO VOTED TO APPROVE PROFESSIONAL FEES AND
DISBURSEMENTS TOTALLING S$4.5 MILLION
* VOTED IN FAVOUR OF RESTRUCTURING WILL TAKE CO CLOSER TO
IMPLEMENTING RESTRUCTURING WITH EQUITY INVESTMENT FROM SEASPAN
CORP
Source text for Eikon: ID:nSNZ3crVMK
Further company coverage: SWBR.SI
((Reuters.Briefs@thomsonreuters.com;))
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