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DBS says has total exposure of $700 mil to Swiber

Gwyneth Yeo Published on Thu, Jul 28, 2016 / 8:15 PM GMT+8

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SINGAPORE (July 28): DBS Group Holdings says it has a total exposure of $700 million to the Swiber group of companies, which includes loans, bonds and off-balance sheet items.

The response came after Swiber Holdings announced its intention to wind up the company on Thursday morning.

See Swiber Holdings proposes wind up, directors step down

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