Claims on Swiber swell to $268.1m

The group seeks legal advice on said claims.

Troubled offshore construction and oil and gas company Swiber Holdings is seeking legal advice as it revealed it has received a total sum of claims of around S$268.1 million (US$197 million).

According to Swiber’s announcement on SGX last week, the interim judicial managers are currently in the process of verifying the accuracy and completeness of the information provided by the company.

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