Swiber Holdings downgraded to 'hold' by DBS

Stock Name: Swiber
Company Name: SWIBER HOLDINGS LIMITED
Research House: DBS Vickers

DBS Vickers Securities in a March 3 research report says: "Swiber's FY2010 order wins of only c.US$435 million was significantly below our US$800 million assumption on delays in contract awards.

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