Singapore: Annual meeting of members and creditors set for Ocean Bunkering Services
- Published
by Admin
An annual meeting of members and creditors for Ocean Bunkering Services (OBS), the marine fuels business arm of troubled Hin Leong Trading, will be held 25 February, according to a Government Gazette notice on Friday (14 February).
The meeting will be held at 2pm at 600 North Bridge Road, #23-01 Parkview Square Singapore 188778.
The meeting will be held for the purposes of having an account laid before the meeting showing the acts and dealings of the Liquidators and the conduct of the winding-up in the preceding year.
The details of the liquidators are as follow:
LEOW QUEK SHIONG
GARY LOH WENG FATT
LIQUIDATORS
c/o 600 North Bridge Road
#23-01 Parkview Square
Singapore 188778
In 2020, Manifold Times previously reported the Maritime and Port Authority of Singapore (MPA) stating OBS’ bunkering licences were suspended until further development at the time.
“Given that OBS has stopped its bunkering operations since April this year and has not been able to fulfil its licensing commitment to date, MPA has suspended their bunkering licences until further notice,” MPA was quoted as saying at the time.
Later, an Extraordinary General Meeting concluded with the decision to voluntarily wind up Ocean Bunkering Services due to its current liabilities.
Related: Notices of dividend issued for Ocean Bunkering Services, Hin Leong Marine
Related: OBS to wind up operations; creditor list alleges estimated USD 42 million debt
Related: MPA: Ocean Bunkering Services licenses suspended ‘until further notice’ and not revoked, it clarifies
Related: PwC publishes ‘investment opportunity’ for Singapore independent bunker fuel supplier
Related: Singapore: Ocean Bunkering Services bunker claims against ASL Marine & Offshore heads to arbitration
Related: Singapore: Ocean Bunkering Services license suspended until further notice
Related: Singapore: Ocean Bunkering Services to discontinue marine fuel deliveries
Photo credit: Manifold Times
Published: 17 February, 2025
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