Hong Kong-listed NewOcean Energy Holdings Limited on Thursday (26 January) said Crowe (HK) CPA Limited (Crowe) has resigned as auditor of the company for the financial year ended 31 December 2021 with immediate effect.
The resignation was due to NewOcean and Crowe not reaching, “a consensus on the audit fee in respect of the financial year ended 31 December 2021,” it explained.
“Crowe stated in its letter of resignation that, after taking into account many factors including the level of audit fees and its available internal resources in the light of the current work flows, it decided to tender its resignation as auditor of the Company,” said NewOcean.
The Board has resolved, on the recommendation of the Audit Committee, to appoint Confucius International CPA Limited as the new auditor of NewOcean with effect from 26 January 2022 to fill the casual vacancy following the resignation of Crowe and to hold office until the conclusion of the next annual general meeting of the company.
Manifold Times earlier reported NewOcean Energy, a firm with bunkering operations, officially beginning its “soft touch” debt restructuring process on 21 December.
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Photo credit: Tarik Haiga on Unsplash
Published: 27 January, 2022
New law to safeguard national sovereignty, security and development interests; and protect rights and interests of Chinese citizens and organisations.
MPA has reviewed and revised certain requirements for crew change; crew from specific low risk countries may no longer be required to serve the full SHN.
Adrian Allman will be instrumental in further development of VPS’ OCM and transformer oil testing businesses.
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‘MFMs will continue to have a place within the bunkering sector even when the shipping industry continues to adopt new types of marine fuels, such as LNG, biofuel, methanol, ammonia and hydrogen,’ states spokesman.
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Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.
