0001104659-19-048354.txt : 20190903 0001104659-19-048354.hdr.sgml : 20190903 20190903105554 ACCESSION NUMBER: 0001104659-19-048354 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190903 DATE AS OF CHANGE: 20190903 GROUP MEMBERS: CORTES HOLDING B.V. GROUP MEMBERS: CORTES INVESTMENTS S.A.R.L. GROUP MEMBERS: TRAFIGURA GROUP PTE. LTD. GROUP MEMBERS: TRAFIGURA HOLDILNGS PTE. LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FRONTLINE LTD / CENTRAL INDEX KEY: 0000913290 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 980135919 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-43477 FILM NUMBER: 191071272 BUSINESS ADDRESS: STREET 1: PAR-LA-VILLE PLACE STREET 2: 14 PAR-LA-VILLE ROAD CITY: HAMILTON, HM 08 STATE: D0 ZIP: 00000 BUSINESS PHONE: (1) 441-295-6935 MAIL ADDRESS: STREET 1: PAR-LA-VILLE PLACE STREET 2: 14 PAR-LA-VILLE ROAD CITY: HAMILTON, HM 08 STATE: D0 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: LONDON & OVERSEAS FREIGHTERS LTD DATE OF NAME CHANGE: 19931012 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Urion Holdings (Malta) Ltd CENTRAL INDEX KEY: 0001787012 IRS NUMBER: 000000000 STATE OF INCORPORATION: O1 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: BLUE HARBOUR BUSINESS CENTER, LEVEL 1 STREET 2: TA'XBIEX YACHT MARINA CITY: TA'XBIEX STATE: O1 ZIP: XBX 1027 BUSINESS PHONE: 356 2730 0045 MAIL ADDRESS: STREET 1: BLUE HARBOUR BUSINESS CENTER, LEVEL 1 STREET 2: TA'XBIEX YACHT MARINA CITY: TA'XBIEX STATE: O1 ZIP: XBX 1027 SC 13G 1 a19-18049_1sc13g.htm SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 


 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

FRONTLINE LTD.

(Name of Issuer)

Ordinary Shares, par value $1.00 per share

(Title of Class of Securities)

G3682192

(CUSIP Number)

August 23, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

 

1

Name of Reporting Person
Urion Holdings (Malta) Limited

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Malta

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
16,035,856

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
16,035,856

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
16,035,856

 

 

10

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
8.5%

 

 

12

Type of Reporting Person (See Instructions)
CO

 

1


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

 

1

Name of Reporting Person
Cortes Holding B.V.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Netherlands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
16,035,856

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
16,035,856

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
16,035,856

 

 

10

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
8.5%

 

 

12

Type of Reporting Person (See Instructions)
CO

 

2


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

 

1

Name of Reporting Person
Cortes Investments S.À.R.L.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Luxembourg

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
16,035,856

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
16,035,856

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
16,035,856

 

 

10

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
8.5%

 

 

12

Type of Reporting Person (See Instructions)
CO

 

3


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

 

1

Name of Reporting Person
Trafigura Holdings Pte. Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Singapore

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
16,035,856

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
16,035,856

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
16,035,856

 

 

10

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
8.5%

 

 

12

Type of Reporting Person (See Instructions)
CO

 

4


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

 

1

Name of Reporting Person
Trafigura Group Pte. Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Singapore

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
16,035,856

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
16,035,856

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
16,035,856

 

 

10

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
8.5%

 

 

12

Type of Reporting Person (See Instructions)
CO

 

5


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

Item 1.   Name of Issuer; Address of Issuer’s Principal Executive Offices

 

(a) – (b)   This Schedule 13G is being filed with respect to ordinary shares, par value $1.00 per share, of Frontline Ltd., a Bermuda exempted company limited by shares with registration number 46057 (the “Issuer”).  The address of the principal executive offices of the Issuer is Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, Bermuda.

 

ITEM 2.   Name of Person Filing; Address or Principal Business Office; Citizenship; Title of Class of Securities; CUSIP No.

 

(a)                                 Name of Persons Filing (the “Reporting Persons”):

 

Urion Holdings (Malta) Limited

Cortes Holding B.V.

Cortes Investments S.À.R.L.

Trafigura Holdings Pte. Ltd.

Trafigura Group Pte. Ltd.

 

(b)                                 The principal business office of each of the Reporting Persons is located at:

 

Urion Holdings (Malta) Limited

Blue Harbour Business Centre, Level 1

Ta’Xbiex Yacht Marina

Ta’Xbiex XBX1027

Malta

 

Cortes Holding B.V.

Evert van der Beekstraat 1-82,

1118CL Schiphol, The Netherlands

 

Cortes Investments S.À.R.L.

21 rue du Puits Romain,

L-8070 Bertrange, Luxembourg

 

Trafigura Holdings Pte. Ltd.

10 Collyer Quay, #29-00 Ocean Financial Centre,

Singapore 049315

 

Trafigura Group Pte. Ltd.

10 Collyer Quay, #29-00 Ocean Financial Centre,

Singapore 049315

 

(c)                                  Citizenship:

 

Urion Holdings (Malta) Limited – Malta

 

Cortes Holding B.V. - Netherlands

 

Cortes Investments S.À.R.L. - Luxembourg

 

Trafigura Holdings Pte. Ltd. - Singapore

 

Trafigura Group Pte. Ltd. - Singapore

 

(d)                                 Title of Class of Securities:

 

Ordinary Shares, par value $1.00 per share

 

(e)                                  CUSIP Number:

 

G3682E192

 

Item 3.   If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check the appropriate box.

 

Not applicable.

 

6


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

Item 4.   Ownership

 

The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for the Reporting Person and is incorporated herein by reference.

 

Item 5.   Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  o

 

Item 6.   Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.   Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.   Notice of Dissolution of Group

 

Not applicable.

 

Item 10.   Certification

 

By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

 

7


 

CUSIP No. G3682E192

SCHEDULE 13G

 

 

SIGNATURE

 

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

 

Date:           September 3, 2019

 

 

URION HOLDINGS (MALTA) LIMITED

 

 

 

 

 

/s/ Robbert Maas

 

By: Robbert Maas, Director

 

 

 

CORTES HOLDING B.V.

 

 

 

 

 

/s/ Robbert Maas

 

By: Robbert Maas, Director

 

 

 

CORTES INVESTMENTS S.À.R.L.

 

 

 

 

 

/s/ Edward Riley

 

By: Edward Riley, Director

 

 

 

TRAFIGURA HOLDINGS PTE. LTD.

 

 

 

 

 

/s/ Christine Seet

 

By: Christine Seet, Company Secretary

 

 

 

TRAFIGURA GROUP PTE. LTD.

 

 

 

 

 

/s/ Christine Seet

 

By: Christine Seet, Company Secretary

 

8


EX-99.1 2 a19-18049_1ex99d1.htm EX-99.1

Exhibit 99.1

 

AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G

 

The undersigned hereby agree that the Schedule 13G relating to the ordinary shares of Frontline Ltd., and any further amendments thereto, to which this Agreement as to Joint Filing of Schedule 13G is attached as an exhibit is filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 

Date:           September 3, 2019

 

 

URION HOLDINGS (MALTA) LIMITED

 

 

 

 

 

/s/ Robbert Maas

 

By: Robbert Maas, Director

 

 

 

CORTES HOLDING B.V.

 

 

 

 

 

/s/ Robbert Maas

 

By: Robbert Maas, Director

 

 

 

CORTES INVESTMENTS S.À.R.L.

 

 

 

 

 

/s/ Edward Riley

 

By: Edward Riley, Director

 

 

 

TRAFIGURA HOLDINGS PTE. LTD.

 

 

 

 

 

/s/ Christine Seet

 

By: Christine Seet, Company Secretary

 

 

 

TRAFIGURA GROUP PTE. LTD.

 

 

 

 

 

/s/ Christine Seet

 

By: Christine Seet, Company Secretary