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NewOcean: Winding up petition proceedings in court adjourned to 2 September

12 Jul 2022

Hong Kong-listed NewOcean Energy Holdings Limited on Monday (11 July) released an update regarding the winding up petition filed against the company by the Hongkong Shanghai Banking Corporation (HSBC).

The Directors wished to update that on 8 July 2022, the Winding Up Petition was adjourned by the Bermuda Court to 2 September 2022 (Bermuda Time).

“The Company will make further announcement(s) as and when appropriate and will also keep its shareholders and potential investors informed of any material development in relation to the Petition,” said NewOcean. 

Manifold Times earlier reported NewOcean being unable to publish the audited annual results of the Group for the year ended 31 December 2021.

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Photo credit: Agê Barros from Unsplash
Published: 12 July, 2022

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