The General Division of the High Court of Singapore on 24 March issued a winding up order against Xihe Holdings (Pte) Ltd (UEN No. 199002021M), according to a Wednesday (6 April) notice on the Government Gazette.
“All creditors of the abovenamed Company should file their proof of debt with the liquidators who will be administering all affairs of the Company,” stated liquidators Grant Thornton Singapore.
The name and address of the case’s liquidators are: Seshadri Rajagopalan, Paresh Tribhovan Jotangia and Ho May Kee care of 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960.
A notice to inform creditors for the winding up application against Xihe Holdings was published in March.
Related: Singapore: High Court to hear Xihe Holdings winding up application on 24 March
Related: Xihe Holdings liquidators request scheme creditors to submit proof of debt
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: Singapore: Xihe Holdings and subsidiaries to be placed under judicial management
Related: Singapore court to consider judicial management of Xihe Holdings and subsidiaries
Related: Xihe Holdings placed under IJM as OCBC reverses decision for ‘consensual restructuring’
Related: Xihe replaces Directors, forms new management team to chart fresh course for Group
Related: Xihe creditors adjourn court proceedings in favour of consensual restructuring
Related: OCBC files for Xihe Holdings to be placed under judicial management
Photo credit: Manifold Times
Published: 8 April, 2022
Sonnich Thomsen, the former Head of Asia at Minerva Bunkers, joins Singapore’s largest domicile bunker trading house.
Karen Gan brings with her more than 10 years of experience in bunker trading to the company.
Emanuela Franchini, formerly from Asamar, joins the international bunkering firm effective 1 May, 2019.
With technological and regulatory challenges associated with methanol as a bunker fuel largely resolved, it’s time for the industry to embrace methanol, says organiser.
The litigation at a Zhoushan City court was among other developments highlighted in a quarterly update.
China’s fuel oil tax rebate may lower bunker prices, especially in Asian shipping hubs, says FIS’ Chris Hudson.
‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Fifteen incidents of misappropriation of Shell gasoil worth USD 10,4 million went undetected by Shell between 2016 to 2017 due to Muhammad Ali Bin Muhammad Nor’s involvement, learned Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
