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Singapore: Hin Leong Holdings and related companies to be wound up voluntarily

18 Jul 2022

Extraordinary general meetings to pass several resolutions for Hin Leong Holdings (Pte.) Ltd., Hin Leong Investment (Pte.) Ltd. and Ritz Capital Venture Pte. Ltd were held on Tuesday (5 July), according to a notice dated Friday (15 July) posted on the Government Gazette.

The meetings of the companies were held at 9.00 am (Hin Leong Holdings), 10.00 am (Hin Leong Investment), and 2.00 pm (Ritz Capital Venture) respectively where the following Resolutions were passed: 

As Special Resolution

That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

As Ordinary Resolution

That the appointment of Mr. Abuthahir Abdul Gafoor and Ms. Yessica Budiman of 144 Robinson Road, #14-02 Robinson Square, Singapore 068908, as joint and several Liquidators of the Company for the purposes of such winding up be and is hereby approved.

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Photo credit: Benjamin Child
Published: 18 July, 2022

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