Creditors meeting for Xihe Capital subsidiaries scheduled for 5 January

Several notices published in the Government Gazette on Friday (22 December) said a creditors meeting has been scheduled for Xihe Capital Pte Ltd subsidiaries Nan Fang Maritime (Pte) Ltd, Da Hai Shipping (Pte) Ltd, and An Shun Shipping Pte Ltd. 

The meeting will be held via videoconference on 5 January at the following times: 

Nan Fang Maritime: 4pm 
Da Hai Shipping: 3pm 
An Shun Shipping: 2pm 

AGENDA

a) To receive an update on the winding up of the companies;
b) That a Committee of Inspection be appointed; and
c) Any other matters relevant to the winding up of the companies (In Liquidation)

Note:

1. Proxies to be used at the meeting must be lodged at FTI Consulting (Singapore) Pte Ltd, via email to [email protected] by 12:00 p.m. (Singapore time) on 4 January 2024. Secured creditors (unless they surrender their security) must give particulars, the date the security was received and its value if they wish to vote at the Meeting.

2. The Meeting shall be held by videoconference only. Details of the videoconference will be provided to only those creditors, via email, who have registered their interest in attending the Meeting.

Related: Singapore: Creditors to submit particulars of debts for Xihe Capital subsidiaries
Related: Xihe Holdings files for judicial management and winding up of Xihe Capital subsidiaries
Related: Judicial Managers of Xihe Holdings and subsidiaries call for first creditors meeting
Related: Judicial Managers appointed for Xihe Holdings subsidiary, Xin Hui Shipping
Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management
Related: Singapore: Xihe Holdings and subsidiaries to be placed under judicial management
Related: Xihe Holdings supervisor to place seven tankers for sale in an attempt to repay creditors
Related: Xihe Holdings placed under IJM as OCBC reverses decision for ‘consensual restructuring’
Related: Xihe Capital and subsidiaries, Nan Guang Maritime to undergo voluntary liquidation
Related: Xihe replaces Directors, forms new management team to chart fresh course for Group 

Photo credit: steve pb from Pixabay
Published: 26 December, 2023