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Published on 9/14/2020 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Singapore’s Swiber placed in creditors’ voluntary liquidation

By Taylor Fox

New York, Sept. 14 – Swiber Holdings Ltd.’s wholly-owned subsidiary Aster Marine Pte. Ltd. has been placed in creditors’ voluntary liquidation on Sept. 11 under a special resolution passed at a members meeting, according to a company announcement.

At a subsequent meeting of members on Sept. 11, Bob Yap Cheng Ghee and Toh Ai Ling, both of KPMG Services Pte. Ltd., were appointed as the joint and several liquidators of Aster Marine.

Swiber is a Singapore-based offshore oil and gas company.


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