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Singapore: Pacific Offshore Marine to be wound up voluntarily, creditors to submit claims

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Creditors are required on or before 11 September 2023 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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Singapore-based Pacific Offshore Marine Pte Ltd will voluntarily wind up following an Extraordinary General Meeting on 1 August, according to a Government Gazette notice published on Thursday (10 August).

IT WAS RESOLVED:

AS SPECIAL RESOLUTIONS

(1) That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).

(2) That the Liquidators be authorised to exercise any of the powers provided by Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).

(3) That in accordance with the provisions of the Company’s Constitution, the Liquidators be and are hereby authorised to distribute in specie all or any part of the assets of the Company remaining after satisfaction of all debts and liabilities.

AS ORDINARY RESOLUTIONS

(4) That Ong Kok Yeong David and Lee Wei Hsiung c/o Tricor Singapore Pte. Ltd., 80 Robinson Road, #02-00, Singapore 068898 be appointed jointly and severally as Liquidators of the Company for the purpose of such winding up.

(5) That the remuneration of the Liquidators be based on their normal scale rates for carrying out the assignment plus disbursements and that the Liquidators’ fees be paid out of the assets of the Company.

In another notice, the liquidators said creditors for the company are required on or before the 11 September 2023 to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators. 

Liquidators may also require creditors to, “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.”

The liquidator can be contacted at the following address:

Ong Kok Yeong David
Liquidator
c/o Tricor Singapore Pte. Ltd.
80 Robinson Road #02-00
Singapore 068898

 

Photo credit: Benjamin Child
Published: 15 August, 2023

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