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Technics Oil & Gas Limited
72 Loyang Way
Phone: +65 65459968p:+65 65459968 508762  Singapore Fax: +65 65450668f:+65 65450668
Filed for Bankruptcy on 5/31/2016
On 5/31/2016, the Company filed for Judicial Management to the High Court of Singapore. The Court appointed Mr Chia Soo Hien and Mr Leow Quek Shiong of BDO LLP as the interim Judicial Managers of the Company.
On 7/25/2016, the High Court of Singapore approved the Company's application for Judicial Management. Tam Chee Chong and Andrew Grimmett of Deloitte & Touche have been appointed as Judicial Managers.
On 2/2/2017, the High Court of Singapore extended the Company's Judicial Management Order to 7/20/2017.
This company is no longer actively traded on any major stock exchange.
Business Summary
Technics Oil & Gas Limited is a Singapore-based investment holding company. The Company is engaged in the provision of management services. The Company's segments include Engineering, procurement, construction and commissioning (EPCC); Contract engineering (CE), and Procurement services (PS). The Company's EPCC segment is engaged in designing, procurement, fabrication, installation and commissioning of process modules and equipment for oil and gas production on a turnkey projects basis. The Company's CE segment includes designing, procurement and fabrication of modules, systems or equipment for the oil and gas industry. The Company's PS segment provides sales services, supply spare parts, and equipment for oil and gas exploration and production. The Company's PS Segment also provides repair and maintenance services to oil and gas industry in the equipment leasing business. The Company's services include flash gas compressor package, glycol dehydration unit and test separator.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20169/30/2015Yes----

Industries
SIC Code Description
1389 Oil and gas field services, not elsewhere classified
3559 Special industry machinery, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Group Managing Director Chiu YuenNg 61 4/20/2016 4/20/2016
General Manager Chee KeongTang 1/1/2014 1/1/2014
Regional Sales and Proposal Manager Technics Offshore Engineering Pte Ltd Gee KeanLee 4/1/2014 4/1/2014
Regional Manager of Technics Offshore Engineering Pte Ltd Murugaian M.Rajkumar 42 1/1/2011
General Manager of PT Technics Offshore Jaya’s Kang WooSiow 7/1/2014 7/1/2014

Subsidiaries
Business Name Address City State/Province Country
Technics Offshore Engineering Pte Ltd. 72 Loyang Way Singapore Singapore

Business Names
Business Name
5CQ
Norr Systems Pte. Ltd
Technics Group Holdings Limited
Technics Offshore Engineering Pte Ltd.
Technics Oil & Gas Limited
Vietnam Offshore Fabrication & Engineering Co Ltd.

General Information
Number of Employees: 350 (As of 9/30/2015)
Outstanding Shares: 228,717,675 (As of 3/31/2016)
Shareholders: 2,166
Stock Exchange: SIN
Fax Number: +65 65450668


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Saturday, July 22, 2023