Swiber revealed that 81.6% of shareholders voted in favour of the company selling its interest in subsea player Kreuz at an extraordinary general meeting held on Tuesday.
Swiberrevealed late last year that it had received a S$256.2 million (US$201.3 million) offer from Singaporean investment firm SEA9 for its majority interest in Kreuz.
The offer was backed by Swiber's board which would see SEA9 buy Swiber's 320.25