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Singapore: Final meeting of Matrix Marine Fuels scheduled by liquidators

25 Jan 2022

The final meeting of former Singapore bunker supplier Matrix Marine Fuels Pte Ltd (UEN: 200712259E) has been organised by its liquidators, states a Friday (21 January) notice posted on the Government Gazette.

The meeting will be held by way of electronic means, via audio-visual accessible through Microsoft Teams communication platform on 24 February 2022 at 10:00 a.m., for the purposes of:

  1. Having the accounts laid before the member showing the manner in which the winding-up has been conducted and the property of the Company disposed of and hearing any explanation that may be given by the Liquidator; and
  2. Resolving that the books and papers of the Company be retained for a period of 5 years from the date of dissolution and may be disposed of at the member’s discretion at any time after the expiration of that period.

A member entitled to attend and vote at the above meeting is entitled to appoint a proxy to attend and vote on his behalf. A proxy need not be a member of the Company. The instrument appointing a proxy must be deposited at the office of the Liquidator not less than 48 hours before the meeting.

A corporation which is a member of the Company may by resolution of its directors, authorise any person to act as its representative at any meetings of the Company, and such representative shall be entitled to exercise the same powers on behalf of the corporation which he represents as if he had been an individual member of the Company.

Contact details for the Liquidator are:

Lai Seng Kwoon
Sole Liquidator
c/o 16 Raffles Quay
#22-00 Hong Leong Building
Singapore 048581

As previously reported by Manifold Times, Matrix Marine Fuels Pte Ltd is a subsidiary of Mabanaft, the trading division of Hamburg-based independent energy supply, trading and logistics group Marquard & Bahls (M&B), which oversees operations of bunkering firms Bomin and Matrix Marine.

Matrix Marine Fuels was ranked the 23rd largest bunker supplier at Singapore port by volume in 2018 but left the list of Singapore accredited bunker suppliers in May 2019.

Related: Final creditors meeting of Bomin Bunker Oil Pte Ltd scheduled for November
Related: Singapore: Bomin Bunker Oil Pte Ltd to undergo voluntary liquidation
Related: Matrix Marine Fuels Pte Ltd decides to undergo voluntary liquidation
Related: Matrix Marine Fuels Pte Ltd leaves Singapore bunker supplier list
Related: Somtrans Group acquires Bomin Belgium, enters bunkering market
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: LATEST: Bomin closes Dubai office, appoints new MD
Related: Mabanaft: ‘Unsatisfactory’ 2017 bunker results


Photo credit: Steve Buissinne from Pixabay
Published: 25 January, 2022

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