Singapore: Notice of preferential dividend issued for Otto Marine
- Published
by Admin
A notice of preferential dividend for Otto Marine Limited, which is in liquidation, was published on the Government Gazette on Friday (9 September).
The following are details of the notice:
Name of Company : Otto Marine Limited (In Liquidation)
Company Registration No. : 197902647M
Address of former registered office : 9 Temasek Boulevard, #33-01 Suntec Tower Two, Singapore 038989
Court : High Court of the Republic of Singapore
Number of matter : HC/CWU 213/2018
Amount per centum : 100 per centum of all admitted preferential claims pursuant to Section 328(1)(b) to (f) of the Companies Act 1967
First and final or otherwise : First and final
When payable : 27 September 2024
Where payable : Via bank transfer for local payees and telegraphic transfer for overseas payees (all remittance charges shall be borne by the recipient of the dividend payment)
In October 2016, it was reported that offshore services provider Otto Marine announced it would delist from Singapore Exchange (SGX) on 7 October 2016.
Otto Marine was principally engaged in offshore vessel construction, repair and conversion, fabrication, chartering, management and leasing of vessels as well as subsea activities.
Related: Singapore: Liquidators arrange creditors meeting for Otto Marine Limited
Photo credit: Drew Beamer
Published: 9 September, 2024
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