Maritime Reader

MARITIME INTELLIGENCE DAILY
12 JUN 2026 FRIDAY
Advanced filters
Keywords | type to search… Date: All time Sources: All Topics: All
Several resolutions for COSCO Petroleum Pte Ltd Ltd were made during an extraordinary meeting held via electronic means on 29 May, according to a post in the Government Gazette on Friday (5 June). The duly passed resolutions were: AS SPECIAL RESOLUTIONS That the Company be wound up voluntarily pursuant to Section 160(1) of the Insolvency, Restructuring and Dissolution Act 2018 (the “Act”) That the Liquidator(s) be and is hereby authorised to exercise any or all of the powers given by Section 144 (1)(b), (c), (d), (e), (f) and (g) and 144 (2) of the Act. That the Liquidator(s) be authorised to distribute either in cash or in specie any part or all of the surplus assets of the Company to the contributories. AS ORDINARY RESOLUTIONS That Ms. Muk Siew Peng of c/o ClearView Associates Pte Ltd 133 New Bridge Road #08-01 Chinatown Point Singapore 059413 be and hereby appointed as liquidator for the purpose of winding up the affairs of the Company. That the renumeration and winding up disbursements of the Liquidator be fixed on a time basis at the rates normally charged by such an assignment. That the Liquidator be authorized to destroy all the books and records/papers of the Company and of the Liquidator five years after the date of dissolution of the Company pursuant to Section 195(2) of the Act. In another notice, the liquidators of COSCO Petroleum said creditors for the company are required on or before the 6 July 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 liquidators. Liquidators may also require creditors to, “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.” The liquidators can be contacted at the following address: Muk Siew Peng Liquidator c/o ClearView Associates Pte Ltd 133 New Bridge Road #08-01 China
← Back to latest
news Manifold Times ·2026-06-08

Singapore: COSCO Petroleum Pte Ltd to be wound up voluntarily

Manifold Times
Read full article at Manifold Times →
Opens Manifold Times in a new tab
← Back to latest