Singapore: Creditors’ meeting set for Xihe Capital subsidiary Da Shun Shipping

The creditors’ meeting of Da Shun Shipping Pte. Ltd, has been organised by the liquidator of the company, states a Wednesday (19 July) notice posted on the Government Gazette. 

Da Shun is a subsidiary of Xihe Capital Pte Ltd, owned by the Lim family, who are also the owners of the defunct Hin Leong Trading.

The meeting for creditors of the company will be held via videoconference only at 2pm (Singapore time) on 3 August 2023.

The purposes of the meeting are:

1. To receive an update on the winding up of the Company;
2. That a Committee of Inspection be appointed; and
3. Any other matters relevant to the winding up of the Company.

Note: 

1. Proxies to be used at the meeting must be lodged at FTI Consulting (Singapore) Pte Ltd, via email to [email protected] by 12:00 p.m.(Singapore time) on 2 August 2023. Secured creditors (unless they surrender their security) must give particulars, the date the security was received and its value if they wish to vote at the Meeting. 
2. The Meeting shall be held by videoconference only. Details of the videoconference will be provided to only those creditors, via email, who have registered their interest in attending the Meeting via videoconference.

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Photo credit: Benjamin Child
Published: 20 July, 2023