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October 10, 2007 · about 19 years ago

Acquisition Of Four Vessels

The Board of Directors of Swiber Holdings Limited (‘Swiber’, and together with its subsidiaries, the ‘Swiber Group’) wishes to announce that Kreuz Engineering Limited, a wholly-owned subsidiary of Swiber’s wholly-owned subsidiary Kreuz International Pte. Ltd., has on 11 October 2007 entered into sep

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The Board of Directors of Swiber Holdings Limited (‘Swiber’, and together with its subsidiaries, the ‘Swiber Group’) wishes to announce that Kreuz Engineering Limited, a wholly-owned subsidiary of Swiber’s wholly-owned subsidiary Kreuz International Pte. Ltd., has on 11 October 2007 entered into separate contracts, with Thaumas Marine Ltd, to construct in four vessels for Kreuz Engineering for an aggregate sum of US$108 million excluding the cost of certain owner-furnished equipments

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