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Singapore: Creditors to submit particulars of debts for Xihe Capital subsidiaries

21 Nov 2022

Several notices were published in the Government Gazette on Friday (18 November) regarding Xihe Capital Pte Ltd subsidiaries for the purpose of winding up of the following companies ordered by the High Court of Singapore.

  • An Rong Shipping Pte Ltd
  • Da Hai Shipping Pte Ltd
  • An Shun Shipping Pte Ltd
  • Da Shun Shipping Pte Ltd
  • Nan Fang Maritime Pte Ltd

The notices informed creditors of the above companies to send in their completed Proof of Debt Form in Form CWU-1 stating their names and addresses and the particulars of their debts or claims and the names and addresses of their solicitors (if any) to the liquidator of the companies, Yit Chee Wah, on or before 2 December 2022. 

If so required by notice in writing from the said Liquidator are, by their solicitors, or personally, to come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any potential future distribution made before such debts or claims are proved.

The address of the Company’s registered office and the Liquidator is One Raffles Quay, #27-10, Singapore 048583.

Manifold Times previously reported an application by Xihe Holdings to place the mentioned Xihe Capital Pte Ltd subsidiaries under judicial management and for the winding up of the companies.

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: 21 November, 2022

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