Singapore: Xihe Holdings’ subsidiary Nan Chuan Maritime to be wound up

Several resolutions for Xihe Holdings’ subsidiary Nan Chuan Maritime Pte Ltd were made during an extraordinary general meeting held on 3 June, according to a notice in the Government Gazette on Tuesday (9 June).

The meeting was held at 2pm at 8 Marina View, #40-04/05, Asia Square Tower 1 and by electronic means. 

The following resolutions were duly passed during the meeting:

SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Mr. Paresh Tribhovan Jotangia and Ms. Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

SPECIAL RESOLUTION – DISTRIBUTION OF ASSETS IN SPECIE

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

Photo credit: Drew Beamer
Published: 10 June, 2026