ZenRock
Founder of collapsed oil trader Zenrock had cheating and other charges abated after his death
The founder of collapsed oil trader Zenrock Commodities who was accused of multiple offences including cheating had all of his charges abated following his death.
SICC dismisses lender's claim for US$24m in Zenrock fraud case
THE Singapore International Commercial Court (SICC) has dismissed a claim by Credit Agricole Corporate & Investment Bank's (CACIB) Singapore branch that PPT Energy Trading was not entitled to receive ...
How many firms under JM could be staring down the barrel of liquidation?
FROM the get-go, the corporate rescue of debt-hit ZenRock Commodities Trading had seemed like a long shot.
ZenRock, Agritrade face winding up; Hontop put under JM
ZENROCK Commodities Trading and Agritrade International could be wound up, as their respective judicial managers have filed applications to have them liquidated.
ZenRock, Agritrade face winding-up; Hontop put under JM
ZENROCK Commodities Trading and Agritrade International could be wound up, as their respective judicial managers have filed applications to have them liquidated.
Swiss bank BCP alleges fraud in oil deal between ZenRock and China Aviation
[SINGAPORE] Banque de Commerce et de Placements SA, DIFC Branch, has sued China Aviation Oil (Singapore) (CAO) over an alleged fraudulent deal as the Swiss bank seeks to reclaim the US$19 million it p...
ZenRock interim JMs flag doubtful trades, invoices, cash transactions
They also noted US$1.6b in receivables shrinking to US$136m over just one day
Troubled oil trader ZenRock's IJMs uncover doubtful, 'unusually large cash transactions'
THE interim judicial managers (IJMs) of Singapore's troubled ZenRock Commodities Trading have uncovered hundreds of "questionable" transactions involving duplicate sales invoices, as well as multiple ...
Singapore oil trader ZenRock said to be winding down by August
[SINGAPORE] Troubled Singapore-based oil trader ZenRock has plans to wind down its business, with employees across offices in the city-state and China set to depart by August, according to people with...
Singapore's Concord Energy hires crude oil trader from ZenRock
[SINGAPORE] Concord Energy has hired Jason Lai to take charge of its crude oil trading business, the Singapore-based company's chairman and owner Nasrat Muzayyin told Reuters in an email.
