Asia Petroleum Hub wound up on court order

KUALA LUMPUR: Asia Petroleum Hub Sdn Bhd, the receiver and manager appointed by CIMB Bank Bhd in January this year for the Asia Petroleum Hub project in Johor has been wound up following a court order and a winding up petition filed by QI-PMC Sdn Bhd, a creditor of Asia Petroleum Hub, on Friday. This was revealed by Muhibbah Engineering (M) Bhd, one of Asia Petroleum Hub's major contractors, in a statement in a filing to Bursa Malaysia yesterday.