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Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

02 Dec 2020

Several notices were published in the Government Gazette on Tuesday (1 December) regarding a notice of appointment of interim judicial managers from Grant Thorton for certain Xihe Holdings Pte Ltd subsidiaries.

The subsidiary companies mentioned in the notice include:

  • Da Guang Tankers Pte Ltd (UEN NO. 199003652E)
  • Da Zhong Tankers Pte Ltd (UEN NO. 199003656H)
  • Da Fa Shipping Pte Ltd (UEN NO. 198400892E)
  • Dong Jiang Tankers Pte Ltd (UEN NO. 199003655W)
  • Dong Nan Tankers Pte Ltd (UEN NO. 198400896H)
  • Dong Sheng Tankers Pte Ltd (UEN NO. 199003654G)
  • Dong Ya Tankers Pte Ltd (UEN NO. 198400897Z)
  • Xi An Shipping Pte Ltd (UEN NO. 199003661G)
  • Xin Chun Shipping Pte Ltd (UEN NO. 199003659C)
  • Xin Kang Shipping Pte Ltd (UEN NO. 199003653R)
  • Xin Ying Shipping Pte Ltd (UEN NO. 198400893R)
  • Xin Dun Shipping Pte Ltd (UEN NO. 199003657Z)

According to the notices signed by Gavin Mark McIntyre, the Director of the above named companies, Seshadri Rajagopalan and Paresh Jotangia will be appointed the joint judicial managers. 

The details of the interim judicial managers’ office address are as follows:

Grant Thorton
8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

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: aditya-chinchure

Published: 2 December, 2020

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