SINGAPORE, May 6 (Reuters) - HSBC Holdings PLC has
filed an application to the Singapore High Court to place
Zenrock Commodities Trading Pte Ltd under judicial management,
three people familiar with the matter said on Wednesday.
Singapore-based Zenrock Commodities trades crude, oil
products and petrochemicals.
Under judicial management, an independent judicial manager
is appointed to manage the affairs of a company.
HSBC declined to comment. Zenrock did not immediately
respond to requests for comment.
(Reporting by Roslan Khasawneh, Jessica Jaganathan, Anshuman
Daga and Florence Tan; Editing by Neil Fullick)