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Singapore: Gina Krog Offshore to undergo voluntary wind up

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Creditors are required on or before 29 November 2023 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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An extraordinary general meeting to pass several resolutions for Gina Krog Offshore (registration no. 201528894D) was held on Monday (23 October), according to a 30 October notice posted on the Government Gazette.

The meeting was held by way of video conference via MS Teams where the following resolutions were duly passed: 

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 and are hereby authorised to exercise any or all of the powers given to the Liquidators 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 Constitutions, 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 Sam Kok Weng and Kam Chew Mun, both c/o 7 Straits View, Marina One, East Tower, Level 12, Singapore 018936, be and are hereby appointed Liquidators of the Company, jointly and severally, 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 and that the Liquidators’ remuneration and their disbursements 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 29 November 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 said 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:

Sam Kok Weng
Joint and Severally Liquidator
c/o 7 Straits View
Marina One East Tower, Level 12
Singapore 018936

Photo credit: Benjamin Child
Published: 31 October, 2023

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