• Follow Us On Our Preferred Social Media Platform:

Singapore: Bomin Bunker Oil Pte Ltd to undergo voluntary liquidation

29 Mar 2021

Two notices were published in the Government Gazette on Friday (26 March) regarding Bomin Bunker Oil Pte Ltd undergoing voluntary liquidation. 

According to the first notice, an Extraordinary General Meeting was held pursuant to Section 179(6) of the Companies Act (Cap. 50) on Friday, 19 March where the following resolutions were duly passed:

  • That the company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act
  • ThatLai Seng Kwoon be and appointed as the sole Liquidator of the company for the winding up process;
  • That pursuant to Section 177(1)(a) of the Act, the Liquidator is hereby authorised to exercise any or all of the powers given by Sections 144(1)(b), (c), (d), (e), (f) and (g) of the Act; and
  • That the Liquidator is authorised to distribute either in cash or in specie to the contributory any part or all of the surplus assets of the company.
  • That the books and papers of the company and those of the Liquidator shall be retained for a period of 5 years from the date of dissolution and may be destroyed or otherwise disposed of at the Liquidator’s discretion at any time after the expiration of that period.

The second notice calls creditors of the company to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the appointed Liquidator by Monday, 26 April.

If so required, creditors are to come in and prove their debts or claims at such time and place as shall be specified in a notice in writing from the Liquidator, risk being excluded from the benefit of any distribution made before such debts are proved.

The published contact details for the appointed liquidator are:

16 Raffles Quay
#22-00 Hong Leong Building
Singapore 048581

Related: Bomin to honour Singapore bunker contracts upon exit, says MD
Related: Official: Bomin exits Singapore and Antwerp bunker markets
Related: Breaking: Bomin Singapore, Mabanaft fuel oil team allegedly exiting market
Related: Bomin closes Dubai office, appoints new MD
Related: Mabanaft: ‘Unsatisfactory’ 2017 bunker results
Related: Bomin sells off German bunker subsidiary


Photo credit: Drew Beamer
Published: 29 March, 2021

Related News

Featured News

Our Industry Partners

  • argus

PR Newswire