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    Swissco finds a White Knight

    Company News // September 21, 2017

    The Judicial Managers at Swissco Holdings Limited in Singpaore have confirmed that a number of wholly-owned subsidiaries of the company have on entered into a master sale and purchase agreement with Asian Strategic Turnaround Ventures Pte Ltd.

    The companies in question are: Swissco International Pte Ltd; Swissco Offshore Pte Ltd; Swissco Maritime Pte Ltd; Swissco Ship Services Pte Ltd; Swissco Asia Pte Ltd; and Singapore Marine Logistics Pte.

    The companies have entered into the agreeement in relation to the proposed disposal of a substantial part of the group's offshore support vessels division.

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