Singapore: Quetzal Offshore Pte Ltd to be wound up voluntarily

Several resolutions for Quetzal Offshore Pte Ltd were made during an extraordinary meeting held via electronic means on 27 May, according to a post in the Government Gazette on Tuesday (3 June).

The duly passed resolutions were:

As Special Resolution

• That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly, the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018) (the “Act”);

As Ordinary Resolutions

• That Mr. Chan Kwong Shing, Adrian, Ms. Toh Ai Ling and Ms. Tan Yen Chiaw all care of KPMG Services Pte Ltd. of 12 Marina View, #15-01 Asia Square Tower 2, Singapore 018961, be confirmed as the joint and several Liquidators of the Company pursuant to Section 167(1) of the Act for the purpose of winding
• up the affairs of the Company at such remuneration based on time costs; and
• That the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit.

According to SGP Business website, a business platform for businesses and individuals, the company’s main business was offering ship management services.

Photo credit: Drew Beamer
Published: 4 June, 2025