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Singapore: Atlantic Acapulco and related firms enter voluntary liquidation, select liquidators

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Other companies that will undergo the liquidation process are Atlantic Altamira (2020), Atlantic Maya and Atlantic Monterrey, according to a Government Gazette notice.
RESIZED Drew Beamer

Atlantic Acapulco Pte Ltd and its related companies will undergo members’ voluntary liquidation following an Extraordinary General Meeting on 30 December, according to a Government Gazette notice published on Monday (6 January).

The other companies are:

  • Atlantic Altamira (2020) Pte Ltd
  • Atlantic Maya Pte Ltd
  • Atlantic Monterrey Pte Ltd

The resolutions set out below were duly passed:

Special Resolutions

  1. That the Company be wound up as a Members’ Voluntary Liquidation pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  2. That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
  3. That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring and Dissolution Act 2018. 

Ordinary Resolution

  1. That Goh Yeow Kiang Victor, Khor Boon Hong and Lee Yi Ying, Marie care of Baker Tilly Consultancy (Singapore) Pte Ltd, 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778, be appointed joint and several Liquidators for the purpose of such liquidation.

According to SGP Business website, Atlantic Acapulco’s principal activity is in shipping, including chartering of ships and boats with crew.

 

Photo credit: Drew Beamer
Published: 7 January, 2025

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