Hong Kong-listed NewOcean Energy Holdings Limited which is currently undergoing liquidation, on Friday (12 May) said the Eastern Caribbean Supreme Court of the British Virgin Islands ordered for joint provisional liquidators to be appointed for its two wholly-owned subsidiaries.
Mr. Roderick John Sutton and Mr. Kenneth Fung, both of FTI Consulting (Hong Kong) Limited, and Mr. Aaron Luke Gardner of FTI Consulting (BVI) Limited were named as Joint Provisional Liquidators of NewOcean (Shenzhen) Energy Investment Limited and Sound Hong Kong Limited.
Manifold Times previously reported the company received a letter from the Hong Kong Stock Exchange providing additional guidance for the resumption of trading in the company’s shares.
Related: Hong Kong Stock Exchange issues additional trading resumption guidance to NewOcean Energy
Related: NewOcean gives quarterly update on suspension of trading
Related: Supreme Court of Bermuda orders NewOcean to appoint joint and several liquidators
Related: Hong Kong High Court orders NewOcean to appoint joint and several liquidators
Related: NewOcean joint provisional liquidators schedule first meeting of contributories|
Related: High Court of Hong Kong orders winding up of NewOcean Energy Holdings Limited
Related: NewOcean receives winding up petition from HSBC over alleged USD 71.5 million debt|
Related: NewOcean announces change of authorised representatives
Related: Court of Appeal for Bermuda orders winding up of NewOcean Energy Holdings Limited|
Related: NewOcean announces change of address of HK Branch Share Registrar and Transfer office
Related: NewOcean: Winding up petition proceedings in court adjourned to 2 September
Related: NewOcean delays release of FY 2021 results, ‘catastrophic credit freeze’ amongst reasons
Related: NewOcean: Winding up petition proceedings in court adjourned to 27 July
Related: Hong Kong Stock Exchange issues trading resumption guidance to NewOcean Energy
Related: NewOcean appoints law firm to oppose petition at 15 June hearing
Related: NewOcean warns of trading halt of company shares on HKSE from 1 April onwards
Related: NewOcean delays release of FY 2021 results, postpones AGM to Sep 2022
Related: NewOcean Energy auditor tender resignation over disagreement of FY 2021 audit fee
Related: NewOcean company secretary and authorised representative resigns on HQ relocation
Related: NewOcean Energy loses second Executive Director on HQ relocation to China
Related: NewOcean Energy HQ relocates to mainland China, Executive Director resigns
Related: NewOcean Energy officially begins ‘soft touch’ debt restructuring process
Related: NewOcean Energy reshuffles lineup of Independent Non-executive Directors
Related: NewOcean Energy defends against HSBC winding up petition, secures time for debt restructuring
Related: NewOcean: Winding up petition proceedings at Bermuda court to continue on 14 December
Related: NewOcean Energy Holdings forecasts 87% decrease net loss on year for 1H2021
Related: NewOcean posts USD 479 million FY 2020 loss; possible downsize of oil business
Related: NewOcean Energy delays release of 2020 financial results; to be published by end June
Related: NewOcean appoints Crowe as new auditors; replaces Deloitte Touche Tohmatsu
Related: NewOcean creditor scheme meeting dates at courts now ‘unrealistic’; delayed till further notice
Related: NewOcean auditors resign due to significant outstanding documents & information
Related: NewOcean revises creditor scheme meeting dates at Hong Kong, Bermuda Courts due to ‘substantial’ amendments
Related: NewOcean records USD 304.3 million loss, portion of SG bunkering business to remain
Related: NewOcean Energy issues USD 304.8 million net loss warning ahead of FY 2020 results
Related: NewOcean proposal to adjourn court scheme meeting approved by creditors
Related: NewOcean creditors meeting application granted by Supreme Court of Bermuda
Related: NewOcean planning creditors meeting, foundation of debt restructuring plan laid out
Related: NewOcean records USD 174 million 1H 2020 loss; Singapore bunkering business remains
Related: NewOcean Energy publishes profit warning to shareholders ahead of 1H 2020 results
Related: NewOcean Energy records 66% bunker sales jump to 4.5 million mt in FY 2019
Photo credit: Sora Shimazaki
Published: 17 May, 2023
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