Former Singapore bunkering firm Gas Trade (S) Pte Ltd, previously known as Camtech Holdings (S) Pte Ltd, is organising a final meeting of creditors on 25 February 2020, it said in an update on the Government Gazette on Tuesday (11 February).
The agenda of the meeting will be as follows:
“Take notice that a meeting of creditors in the above matter will be held at 6 Shenton Way, #33-00 OUE Downtown 2, Singapore 068809 at 4:00pm on 25 February 2020,” stated the notice, as seen by Manifold Times.
“To entitle you to attend, nominate and vote thereat, your Proof of Debt and form of proxy must be lodged with the Liquidators no later than 5:30pm on 21 February 2020.
“A copy of the Proof of Debt form (prescribed Form 77), form of proxy and a copy of this Notice have been dispatched to all known creditors of the Company on 11 February 2020. Any other person claiming to be a creditor of the Company as at this date may write to the Liquidators to request for copies thereof.”
Gas Trade (S) Pte Ltd is currently in liquidation and undergoing compulsory winding up activities, according to a check on the Singapore Accounting and Corporate Regulatory Authority (ACRA) website.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.