Singapore: Creditors’ meeting scheduled for Vasi Shipping Pte Ltd

A creditors’ meeting for Vasi Shipping Pte Ltd has been scheduled to take place on 28 April, according to a Government Gazette notice by the company’s director on Thursday (10 April). 

The meetings will be held via audio visual communication at 3pm. 

The agenda of the meetings will be as follows:

• receiving a statement of the company’s affairs together with a list of creditors and the estimated amounts of their claims;
• appointing Liquidator(s);
• appointing a committee of inspection of not more than 5 members, if thought fit;
• any other business.

According to the company’s website, Vasi Shipping provides end-to-end shipping solutions and provides ocean freight management services, specialising in the movement of fertilisers, minerals and chemicals within Asia and beyond.

Note: 

• A creditor entitled to attend the above meeting may appoint a proxy to attend in his stead. A proxy need not be a creditor of the Company. The instruments appointing a proxy must be lodged in the following manner:
• by email to the email address at ([email protected]); or
• by post to 11 Collyer Quay, #07-02 The Arcade, Singapore 049317; not later than 3.00 p.m. two days before the meeting or adjourned meeting at which it is to be used.
• Arrangements relating to attendance at the meeting via electronic means (including arrangements by which the meeting can be electronically accessed via live audio-visual webcast), will be sent by email upon receipt and verification of the proxy form. The email will contain meeting ID and password details, as well as the link to access the live audio-visual webcast.
• Pursuant to Section 445 of the IRDA, should creditors(s) with at least 10% in value of the total creditors’ claims require a place for the meeting be specified, please notify the Liquidators’ office by 14 April 2025.

Photo credit: steve pb from Pixabay
Published: 14 April, 2025