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Creditors’ meetings scheduled for Hin Leong Holdings and related companies

21 Jun 2022

The creditors’ meetings of Hin Leong Holdings (Pte.) Ltd., Hin Leong Investment (Pte.) Ltd. and Ritz Capital Venture Pte. Ltd have been organised by the order of the Board, states a Monday (20 June) notice posted on the Government Gazette. 

The meeting for the creditors of the company will be held on 5 July at 9.30 am (Hin Leong Holdings), 10.30 am (Hin Leong Investment) and 2.30 pm (Ritz Capital Venture). 

The purposes of the meeting are: 

  • receiving a statement of the Company’s affairs together with a list of creditors
  • and the estimated amounts of their claims;
  • appointing Liquidator(s);
  • appointing a committee of inspection of not more than 5 members, if thought fit;
  • any other business.

The Creditors’ Meeting is being convened, and will be held, by electronic means pursuant to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings (Corporate Insolvency) Order 2020.

Arrangements relating to attendance at the Creditors’ Meeting via audio visual communication will be sent by email upon receipt and verification of the proxy form. The email will contain meeting ID and password details, as well as the link to access the live audio-visual webcast.

A creditor entitled to attend the above meeting may appoint a proxy to attend in his stead. The instrument appointing a proxy must be lodged in the following manner:

  1. by email to the email address at (rubina@aag-ca.com); or
  2. by post to 144 Robinson Road, #14-02 Robinson Square, Singapore 068908

not later than 4.00 p.m. on the day before the meeting or adjourned meeting at which it is to be used.

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Related: Judicial Managers of Hin Leong Trading Pte Ltd file for winding up order
Related: Hin Leong judicial managers to hold meeting of creditors to discuss fees incurred
Related: Hin Leong judicial managers and legal firms could rack up SGD 17.3 million in fees
Related: Bank of China takes legal action against BP Plc and Lim family to recover $312.9 million
Related: Hin Leong Trading founder denies allegations of forgery put forward by HSBC
Related: HSBC takes Lim family and Hin Leong employee to court to recover USD 85.3 million

 

Photo credit: Drew Beamer
Published: 21 June, 2022

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