Go Marine (Asia) to go into liquidation

Singapore: A creditor of Go Offshore (Asia) (GOA), the Singapore-based subsidiary of the Go Marine group, has filed a winding-up application with the Singapore High Court to liquidate GOA.

The total sum claimed against GOA pursuant to the application is approximately $394,000.

The Court has made directions for the Application to be heard on November 7.

GOA is not contesting the application and is reviewing the creditor’s outstanding with the creditor to reach a settlement on the sums owing, a filing from Otto Marine says.

Based in Australia, the Go Marine group provides integrated marine oil and gas logistics and is 90% owned by Singapore-listed Otto Marine. [27/10/14]

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