Hong Kong-listed NewOcean Energy Holdings Limited on Thursday (16 June) 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 15 June 2022, the petition was adjourned by the court for six weeks to 27 July 2022 at 10.30am.
“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 Energy, a firm with bunkering operations, receiving a letter from the Hong Kong Stock Exchange setting out the resumption guidance for the resumption of trading in the Company’s shares.
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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
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‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.