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Final Dividend Declared for Former Bunker Firm Inter-Pacific Petroleum
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Ship & Bunker
Final Dividend Declared for Former Bunker Firm Inter-Pacific Petroleumby Ship & Bunker News TeamThe notice sets out the dividend payable to admitted preferential and unsecured creditors.
File Image / PixabayA first and final dividend notice has been issued for admitted preferential and unsecured claims against former Singapore bunker supplier Inter-Pacific Petroleum.
Preferential claims will be paid at 100 cents per Singapore dollar, while unsecured claims will receive 0.21 cents per Singapore dollar, according to a notice published in the Singapore's Government Gazette on Friday.
The latest notice follows an earlier notice of intended dividend issued for the company.
The company is in compulsory liquidation, with the winding-up order of the firm being approved in 2021.