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    Swiber disposes of shares in Indonesian venture

    Company News // November 25, 2015

    The Board of Directors of Swiber Holdings Limited has announced that Swiber International Pte Ltd, an indirect wholly-owned subsidiary of the company, has disposed 98,000 ordinary shares, representing 49 per cent equity interest in the share capital of PT Equitoria Offshore Berjaya (PTEOB), to its existing shareholder for a total cash consideration of US$126,076.00. Following the disposal, PTEOB ceased to be the associated company of the group.

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