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Coastal Oil Singapore dividends to be released from late December onwards

28 Dec 2021

Dividends of the defunct bunkering firm Coastal Oil Singapore are scheduled to be released to creditors on or after 29 December onwards via remittance or telegraphic transfer, said its liquidator on a notice published at the Singapore Gazette.

Details of the notice are as follows:

A complete coverage of the events leading to the liquidation of former bunkering firm Coastal Oil Singapore has been arranged by Singapore bunker publication Manifold Times (in descending date order) below: 

Related: Coastal Oil Singapore liquidators issues notice of intended dividend=
RelatedFormer CFO of defunct bunkering firm Coastal Oil Singapore receives nine-year jail sentence
RelatedFormer Coastal Oil CFO admits to defrauding eight banks of USD 320 million in loans
Related: Singapore: Former Coastal Oil employees face forgery charges over fake sales contracts
Related: Coastal Oil hearings progress, court grants liquidators access to Sinfeng documents
Related: China Merchants Bank legal suit with Sinfeng over alleged $13 million debt progresses
Related: Fraud suspected in Coastal Oil Singapore case, says COSCO
Related: Coastal Logistics owned “Atalanta”, “Babylon” to undergo auction
Related: Singapore: Bunker tanker “Coastal Mercury” arrested
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Coastal Logistics owned MR tanker “Babylon” arrested
Related: Fraud suspected in Coastal Oil Singapore case, says COSCO
Related: Coastal Oil Singapore: Creditor list surfaces in bunker market
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Coastal Oil Singapore creditors meeting scheduled on 10 Jan
Related: Coastal Oil Singapore in US $380 million debt to at least 10 banks
Related: Singapore: Coastal Logistics owned MR tanker “Atalanta” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market
Related: Coastal Oil Singapore to hold creditors meeting on 28 Dec
Related: Breaking news: Coastal Oil Singapore under liquidation

 

Photo credit:  Benjamin Child
Published: 28 December, 2021

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