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Update: Coastal Oil Singapore creditors meeting scheduled on 10 Jan

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  • by Admin
The company on 13 December filed for liquidation as part of a creditors’ voluntary winding up operation.
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Singapore-based Coastal Oil Singapore Pte Ltd (UEN 200413975N), which is currently undergoing a liquidation process, will be holding a creditors meeting on Thursday (10 January).

The upcoming session will be held at 6 Shenton Way OUE Downtown 2, Level 33, Singapore 068809 for the following purposes below, according to a Friday (4 January) announcement on local papers.

The meeting will be held to determine:

  1. Change of liquidators for Coastal Oil Singapore Pte Ltd;
  2. Any other business

Parties interested to attend, nominate and vote at the meeting are required to submit their respective Proof of Debt and form of proxy with the liquidators no later than 12 pm on Tuesday (8 January).

Parties may submit documents to:
Lim Loo Khoon
Joint & Several Liquidator
c/o 6 Shenton Way
OUR Downtown 2 #33-00
Singapore 068809

Manifold Times first reported Coastal Oil (Singapore) on 13 December filing for liquidation as part of a creditors’ voluntary winding up operation.

The troubled firm last held a creditor’s meeting on December 28, 2018.

Related: Coastal Oil Singapore in US $380 million debt to at least 10 banks
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market
Related: Coastal Oil Singapore to hold creditors meeting on 28 Dec
Related: Breaking news: Coastal Oil Singapore under liquidation

Published: 7 January, 2019