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Winding up

High Court of Singapore issues winding up order against Yuantai Fuel Trading Pte Ltd

Winding up application was filed by Singapore-based defunct oil trading company Hin Leong Trading Pte Ltd on 15 January.

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3 months ago

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RESIZED singapore high court

The High Court of Singapore issued a winding up order to Yuantai Fuel Trading Pte Ltd on 13 February, according to a Wednesday (25 February) notice on the Government Gazette.

The winding up application was filed by Singapore-based defunct oil trading company Hin Leong Trading Pte Ltd on 15 January. 

The winding up order also included the following names and address of liquidators:

Mr Lai Seng Kwoon
Reliance 3P Advisory Pte. Ltd.
7500A Beach Road, #05-303/304, The Plaza
Singapore 199591

All creditors of the abovenamed company should file their proof of debt with the liquidator who will be administering all affairs of the company.

According to SGP Business website, Yuantai Fuel Trading’s principal activity is the wholesale of fuels and related products. 

According to a report by The Business Times in November 2023, Yuentai Fuel Trading was mentioned during Hin Leong founder Lim Oon Kuin’s cross examination over his role in the company. 

Prosecutors questioned if Lim had handled Hin Leong’s trades with two companies, Yuantai Fuel Trading and Daxin Marine, in 2018 and 2019 to which Lim replied that he was only involved in oil deals that were “going to certain places”. 

Manifold Times previously reported the 50-day trial involving Lim, also known as OK Lim, and his two children approached its conclusion with the trio agreeing to pay USD 3.5 billion to the liquidators of Hin Leong Trading.

In November 2024, Lim, also known as OK Lim, was sentenced to 17 years and six months in jail on three charges of cheating and forgery at the State Courts of Singapore after a lengthy trial. 

Related: Singapore’s collapsed oil firm Hin Leong Trading files bid to wind up Yuantai Fuel Trading

 

Photo credit: Manifold Times
Published: 26 February, 2026

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Winding up

Singapore: Final meeting scheduled for Tiger LNG Shipping Pte Ltd

Meeting will be held on 29 June at 190 Middle Road #17-05 Fortune Centre Singapore 188979 to hear any explanation that may be given by the liquidator, according to Government Gazette notice.
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Published

2 days ago

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June 2, 2026

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RESIZED Jo_Johnston from Pixabay

The final meeting for Tiger LNG Shipping Pte Ltd has been scheduled to take place on 29 June, according to the company’s liquidators on a notice posted on Friday (29 May) on the Government Gazette.

The meetings will be held at 10.30am at 190 Middle Road #17-05 Fortune Centre Singapore 188979. 

The meeting is being held for the purpose of having an account laid before the meeting showing the manner in which the winding up has been conducted and the property of the company disposed of, and of hearing any explanation that may be given by the liquidator.

The following are the details of the liquidator:

LUM CHI LUP BENNY
c/o 190 Middle Road
#17-05 Fortune Centre
Singapore 188979

 

Photo credit: Jo_Johnston from Pixabay
Published: 2 June, 2026

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Winding up

Singapore: Annual general meetings scheduled for Xin Guang Shipping and An Xing Shipping

Annual general meeting of the company and creditors for An Xing Shipping and Xin Guang Shipping will be held by electronic means on 11 June and 12 June respectively.

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Published

1 week ago

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May 28, 2026

By

Resized benjamin child

Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from 5 to 6 May for Xin Guang Shipping Pte Ltd and An Xing Shipping Pte Ltd. 

Annual general meeting for Xin Guang Shipping are to be held on 12 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

Annual general meeting for An Xing Shipping are to be held on 11 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator: 

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Benjamin Child
Published: 28 May, 2026

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Winding up

Singapore: Notice of intended dividend issued for Xihe Capital Pte Ltd

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.
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Published

1 week ago

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May 25, 2026

By

RESIZED Drew Beamer

A notice to declare the intended dividend of Xihe Capital Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (15 April).

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

The following are the details of the notice of intended dividend:

Name of Company : XIHE CAPITAL (PTE.) LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION)

Unique Entity No. / Registration No. : 201727410K

Address of Registered Office : 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

Last Day for Receiving Proofs : 5 June 2026

Name of Liquidator : TAM CHEE CHONG

Address : c/o 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

 

Photo credit: Drew Beamer
Published: 25 May, 2026

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