Singapore court appoints KPMG as judicial manager for Swiber
06/10/2016 05:13
SINGAPORE, Oct 6 (Reuters) - A Singapore court on Thursday
appointed financial advisory firm KPMG KPMG.UL as judicial
manager for troubled oilfield services provider Swiber Holdings
Ltd SWBR.SI .
Swiber applied in July to place itself under judicial
management. It had initially filed for liquidation following a
drop in global oil prices. urn:newsml:reuters.com:*:nL4N1AF5J6
KPMG was the firm's interim judicial manager.
(Reporting by Fathin Ungku)
((aradhana.aravindan@thomsonreuters.com; +65 6403 5659; Reuters
Messaging: aradhana.aravindan.thomsonreuters.com@reuters.net))
Keywords: SWIBER HOLDINGS RESTRUCTURING/
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