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Agritrade Power Pte Ltd faces winding up application from Maybank Singapore

The application was filed on 18 September, and a hearing has been scheduled for 10.00 am on Friday (9 October) at the High Court of the Republic of Singapore.

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Maybank Singapore Ltd, a creditor of commodity trading firm Agritrade Power Pte Ltd, on Friday (18 September) filed for a winding up application against the company, stated a Singapore High Court note posted on the Government Gazette on Friday (25 September).

The winding up application is directed to be heard at the High Court of the Republic of Singapore at 10.00 am on Friday, 9 October.

“[…] any creditor or contributory of the said Defendant desiring to support or oppose the making of an order on the said winding up application may appear at the time of hearing by himself or his Counsel for that purpose; and a copy of the winding up application will be furnished to any creditor or contributory of the said Defendant requiring the copy of the winding up application by the undersigned on payment of the regulated charge for the same,” read the notice.

Any person who intends to appear on the hearing of the winding up application must serve on or send by post to the Maybank’s solicitors,Shook Lin & Bok LLP of 1 Robinson Road #18-00, AIA Tower, Singapore 048542 a notice in writing of his intention to do so. 

The notice must state the name and address of the person, or, if a firm, the name and address of the firm, and must be signed by the person, firm, or his or their solicitor (if any) and must be served, or, if posted, must be sent by post in sufficient time to reach the above named not later than 12 o’clock noon on 8 October 2020 (the day before the day appointed for the hearing of the winding up application).


Photo credit: Manifold Times
Published: 25 September, 2020

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Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings will be held between 8 to 9 May for Hua Zhong Shipping, Dong Ya Tankers, Dong Sheng Tankers and Da Xin Tankers to receive an update on firms’ liquidation.

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Several notices were published on the Government Gazette on Tuesday (23 April) regarding the annual general meetings to be held between 8 to 9 May for Xihe Holdings subsidiaries Hua Zhong Shipping, Dong Ya Tankers, Dong Sheng Tankers and Da Xin Tankers. 

Annual general meetings for Hua Zhong Shipping are to be held on 8 May at the following times:

For the company: 2pm
For the creditors: 3pm

Annual general meetings for Dong Ya Tankers are to be held on 9 May at the following times:

For the company: 10am
For the creditors: 11am

Annual general meetings for Dong Sheng Tankers are to be held on 9 May at the following times:

For the company: 2pm

Annual general meetings for Da Xin Tankers are to be held on 8 May at the following times:

For the company: 10am
For the creditors: 11am

The agenda for all the meetings are:

  1. To receive an update on the liquidation.
  2. 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

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

Related: Singapore: Da Xin Tankers, Dong Ya Tankers, Hua Zhong Shipping to be wound up
Related: Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

 

Photo credit: Jo_Johnston from Pixabay
Published: 25 April 2024

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Vessel Arrest

Malaysia: MMEA detains oil tanker and cargo ship for illegally anchoring in Johor waters

Sierra Leone-registered cargo vessel was detained at 13.5 nautical miles east of Tanjung Penawar and a tanker registered from Comoros at south-east nine nautical miles, Tanjung Balau.

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Malaysia: MMEA detains oil tanker and cargo ship for illegally anchoring in Johor waters

The Johor Malaysian Maritime Enforcement Agency (MMEA) on Monday (22 April) said an oil tanker and a cargo ship were detained in two enforcement operations for anchoring illegally on 21 April.

Johor MMEA director First Admiral Nurul Hizam Zakaria said both ships were detained by MMEA operational teams at different locations in Johor waters.

A Sierra Leone-registered cargo vessel that was detained at 11am at 13.5 nautical miles east of Tanjung Penawar.

The second incident involved a tanker, registered in Comoros, at the south-east nine nautical miles, Tanjung Balau.

Malaysia: MMEA detains oil tanker and cargo ship for illegally anchoring in Johor waters

A tanker, registered in Comoros, was detained nine nautical miles southeast of Tanjung Balau

The detained cargo ship crew consisted of 15 Bangladeshi and Indonesian nationals, aged between 25 to 56, while the tanker was operated by 29 Indian, Pakistani and Iranian nationals aged between 21 to 54.

The captain and crew members were brought to the Tanjung Sedili Maritime Zone for further investigation under Section 491B(1)(L) of the Merchant Shipping Ordinance 1952.

Since 24 March 2021, a total of 297 merchant vessels were detained including 34 ships recorded for 2024 so far. 

 

Photo credit: Malaysian Maritime Enforcement Agency
Published: 24 April 2024

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Vessel Arrest

Singapore: Chemical tanker “Green Land” placed under Sheriff’s arrest, boxship also detained

Ships including “Xin Xin Shan” were added to list of vessels under Sheriff’s arrest in Singapore’s court system; arrests were made on behalf of law firms PDLegal LLC and DennisMathiew.

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Saint Kitts and Nevis-flagged oil and chemical tanker Green Land was arrested in Singapore waters on Wednesday (17 April). 

The 46,136 DWT vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system. 

According to the list, the vessel was arrested at 3.30pm and the arresting solicitor listed was law firm PDLegal LLC. The ship is currently held at Global OM (Offshore & Marine) – Grid 3816C. 

No further details regarding the reason behind the arrest were provided in the list. 

China-flagged container ship Xin Xin Shan was also placed under Sheriff’s arrest at 12.10pm on 20 April.  The ship is currently held at Eastern Anchorage and the arresting solicitor listed was law firm DennisMathiew. 

 

Photo credit: Admiral Gulf / MarineTraffic
Published: 23 April 2024

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