SINGAPORE, April 15 (Reuters) - Oil and gas-focused company Linc Energy Ltd LINC.SI , which was trying to restructure its debt, said it entered into voluntary administration on Friday.
The company said it had appointed Stephen Longley, Grant Sparks and Martin Ford of PPB Advisory as administrators.
"The administrators are working with the company's management team to fully understand the options available to the company, which may potentially include a restructure of the company at an appropriate time," it said in a statement to the exchange.
Shares in Linc, which shifted its listing to Singapore from Australia, had been suspended since end-March. The shares, which have a market value of $11.6 million, had fallen about 85 percent so far this year.