SINGAPORE – Mainboard-listed offshore services firm Swiber Holdings has made an application to wind up the company and place it into provisional liquidation, it announced on Thursday (July 28).
The High Court of Singapore has appointed Cameron Lindsay Duncan and Muk Siew Peng as the joint and several provisional liquidators of the company.
The winding-up application will be heard in court on Aug 19.
The move comes on the heels of Swiber receiving several letters of demand for about US$25.9 million in total and founder and non-executive chairman Raymond Kim Goh resigning from his position as Vallianz Holdings’ chairman and executive director overnight due to “health reasons”.
Three other directors of the company, vice chair…
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