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10 months ago
Singapore court appoints KPMG as judicial manager for Swiber
October 6, 2016 / 4:31 AM / 10 months ago

Singapore court appoints KPMG as judicial manager for Swiber

SINGAPORE, Oct 6 (Reuters) - A Singapore court on Thursday appointed financial advisory firm KPMG as judicial manager for troubled oilfield services provider Swiber Holdings Ltd.

Swiber applied in July to place itself under judicial management. It had initially filed for liquidation following a drop in global oil prices.

KPMG was the firm's interim judicial manager. (Reporting by Fathin Ungku)

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