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Notices of dividend issued for Ocean Bunkering Services, Hin Leong Marine

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Liquidators have issued notices to declare dividends of OBS, marine fuels business arm of troubled Hin Leong Trading, and Hin Leong Marine to their creditors on Government Gazette.
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Notices to declare dividend of Hin Leong Marine International (Pte.) Ltd. and Ocean Bunkering Services (OBS), the marine fuels business arm of troubled Hin Leong Trading to their creditors have been posted on Friday (12 May) notice from the Government Gazette.

Details of the notice of intended dividend for Hin Leong Marine International are as follows:

Name of Company : Hin Leong Marine International (Pte.) Ltd. (In Liquidation)

Unique Entity No. / Registration No. : 197501519K

Address of Registered Office : 600 North Bridge Road #23-01 Parkview Square Singapore 188778

Court : High Court of the Republic of Singapore

Number of Matter : HC/CWU 202/2020

Amount per centum : Second interim dividend of 3% of all admitted ordinary claims

When payable : On or before 23 May 2023

Where payable : c/o BDO Advisory Pte Ltd 600 North Bridge Road #23-01 Parkview Square Singapore 188778

The following are details of the notice of intended dividend for Ocean Bunkering Service:

Name of Company : Ocean Bunkering Services (Pte) Ltd (In Creditors’ Voluntary Liquidation) Unique Entity No. / Registration No. : 197800010N

Address of Registered Office : 600 North Bridge Road #23-01 Parkview Square Singapore 188778

Amount per centum : First and final dividend of 100% of all admitted preferential claims and first interim dividend of 17.17% of all admitted ordinary claims

When payable : 17 May 2023

Where payable : c/o BDO Advisory Pte Ltd 600 North Bridge Road #23-01 Parkview Square Singapore 188778

Related: Notices of intended dividend issued for Ocean Bunkering Services, Hin Leong Marine
Related: Singapore: Ocean Bunkering Services license suspended until further notice
Related: MPA: Ocean Bunkering Services licenses suspended ‘until further notice’ and not revoked, it clarifies
Related: OBS to wind up operations; creditor list alleges estimated USD 42 million debt
Related: Singapore: Hin Leong Trading Founder OK Lim facing 23 new forgery-related charges at State Courts
Related: Singapore: High Court accepts request to freeze Hin Leong founder’s family assets
Related: Hin Leong Trading Founder faces additional 105 cheating, forgery charges in court
Related: Singapore: Hin Leong Trading Director charged with obstructing course of justice

 

Photo credit: Stevepb
Published: 15 May, 2023