Companies potentially affected by Dubai

From Straits Times, 28 Nov 2009.

Dubai government investment firm Dubai World is asking for a 6 months delay in repaying a S$81b debt.

Potential maximum exposure:

1. HSBC - US$17b
2. Stanchart - US$7.8b
3. Barclays - US$3.6b
4. Mitsubishi UFJ Financial & Sumitomo Mitsui - US$xxx million (hundreds of millions)

Singapore companies potentially affected:

1. DBS (south beach project) - Total cost of South Beach project was reported to be S$2.5b
2. UOB (south beach project)
3. OCBC (south beach project)
4. SMRT (partnership with Nakheel) - 6 year contract worth S$120m
5. Labroy Marine - ?
6. Pan-United Marine - ?