Singapore: Integrity Bulk Pte Ltd to be wound up voluntarily, creditors to submit claims

Singapore-based Integrity Bulk Pte Ltd will voluntarily wind up following an Extraordinary General Meeting on 20 December, according to a Government Gazette notice published on Thursday (28 December).

The resolutions set out below were duly passed:

AS SPECIAL RESOLUTIONS:

• That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
• That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) and 144(2) of the Insolvency, Restructuring and Dissolution Act 2018.
• That the Liquidators be and are hereby authorised to distribute in specie any or all of the assets of the Company remaining after satisfaction of all debts and Liabilities.

AS ORDINARY RESOLUTIONS:

• That Mr. Leow Quek Shiong, Mr. Gary Loh Weng Fatt and Ms. Seah Roh Lin c/o BDO Advisory Pte. Ltd., 600 North Bridge Road #23-01 Parkview Square Singapore 188778 be and are hereby appointed the joint and several Liquidators of the Company for the purpose of such winding up and that the Liquidators be indemnified by the Company against all costs, charges, losses, expenses and liabilities incurred or sustained by them in the execution and discharge of their duties in relation thereto.
• That the remuneration of the Liquidators be based on their normal scale rates for carrying out the engagement plus disbursements and the prevailing goods-and-services tax and that the Liquidators’ remuneration be paid out of the assets of the Company.

In another notice, the liquidators of Integrity Bulk said creditors for the company are required on or before the 29 January 2024 to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators. 

Liquidators may also require creditors to, “come in and prove their 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 distribution made before such debts are proved.”

The liquidators can be contacted at the following address:

LEOW QUEK SHIONG
GARY LOH WENG FATT
SEAH ROH LIN
LIQUIDATORS
c/o BDO Advisory Pte. Ltd.
600 North Bridge Road
#23-01 Parkview Square
Singapore 188778

Photo credit: Drew Beamer
Published: 29 December, 2023