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Singapore: Inter-Pacific Group receives winding up order from High Court

IPG is the parent firm of former Singapore bunker fuel supplier and bunker craft operator Inter-Pacific Petroleum which had respective licences revoked by the MPA.

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Inter Pacific by Manifold Times

Inter-Pacific Group Pte Ltd (IPG), the parent firm of former Singapore bunker supplier and bunker craft operator Inter-Pacific Petroleum, has received a winding up order from the High Court of the Republic of Singapore on 27 March, according to the Government Gazette on Thursday (9 April).

All creditors of Inter-Pacific Group should file their proof of debt with the Liquidators who will be administering all affairs of the company, said the public notice.

All debts due to the company should be also forwarded to the Liquidators.

Names and address of Liquidators are:

Mr Lim Loo Khoon & Mr Tan Wei Cheong
c/o Deloitte & Touche LLP
6 Shenton Way
OUE Downtown 2 #33-00
Singapore 068809

IPG filed a winding up application at the High Court of the Republic of Singapore on 2 March.

A timeline organised list of events preceding the current development have been recorded by Manifold Times below:

Related: Singapore: Inter-Pacific Group files for winding up application at High Court
Related: MPA revokes Inter-Pacific Petroleum Pte Ltd bunker supplier licence
Related: Co-heads of Trade and Commodities Finance for Asia-Pacific leave SocGen
Related: Inter-Pacific Group, Inter-Pacific Petroleum to hold creditors’ meet
Related: NewOcean detains Singapore-flagged bunker tanker “Pacific Energy 28”
Related: SocGen lawsuit against NewOcean Petroleum dropped, party to counterclaim
Related: MPA revokes Inter-Pacific Petroleum bunker craft operator licence
Related: Magnets on MFMs: Trial starts for former bunker clerk of “Consort Justice
Related: First suspect charged over MFM tampering in landmark case
Related: With nearly $180 million of debt, IPP proposes interim judicial management
Related: Inter-Pacific Group, Inter-Pacific Petroleum under judicial management
Related: Magnets on MFMs: “Consort Justice” crew pleads ‘not guilty’ to tampering charge
Related: IPP responds to temporary suspension of bunker craft operator licence
Related: MPA temporarily suspends IPP bunker craft operator licence
Related: Singapore: Bunker Cargo officer, crew face charges over alleged MFM tampering


Photo credit:
Manifold Times
Published: 13 April, 2020

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Business

Singapore: Hawksbill Shipping and related companies to be wound up voluntarily

Creditors are required on or before the 6 July to send in their names and addresses and particulars of their debts or claims to appointed liquidators, according to Government Gazette notices.

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steve pb from Pixabay

Several notices in the Government Gazette were published by the Director of Hawksbill Shipping Pte Ltd and related companies on Friday (5 June), regarding some resolutions that were passed in relation to the winding up of the companies. 

The other companies are Leatherback Shipping Pte Ltd and Matamata Shipping Pte Ltd.

The following resolutions were duly passed during an Extraordinary General Meeting for the companies on 29 May:

Special Resolutions

  1. That the Company be wound up as a Members’ Voluntary Liquidation pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  2. That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
  3. 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) of the Insolvency, Restructuring and Dissolution Act 2018.

Ordinary Resolution

  1. That Lee Yi Ying, Marie and Khor Boon Hong care of Baker Tilly Consultancy (Singapore) Pte Ltd, 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778, be appointed joint and several Liquidators for the purpose of such liquidation.

In another notice, the liquidators said creditors for the companies are required on or before the 6 July 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. 

The notice also applies to other companies including Posh Investment Holdings (Malaysia) Pte Ltd and Parang Shipping (2020) Pte Ltd. 

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:

Marie Lee
Khor Boon Hong
Joint Liquidators
C/o Baker Tilly
600 North Bridge Road
#05-01 Parkview Square
Singapore 188778

 

Photo credit: steve pb from Pixabay
Published: 9 June, 2026

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Winding up

Singapore: Meetings of creditors, contributories scheduled for Da Shun Shipping Pte Ltd

Liquidator of the company will provide an update on the status of the liquidation of the company, according to Government Gazette notices.

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RESIZED Drew Beamer

A meeting for creditors of Da Shun Shipping Pte Ltd , which is undergoing compulsory liquidation, has been scheduled to take place on 12 June, according to a Government Gazette notice on Friday (5 June). 

The meetings will be held by videoconference only at 2pm (Singapore time). 

In another notice, the liquidator of the company, Yit Chee Wah, said a meeting of the contributories will also be held by videoconference on 12 June at 3.30pm (Singapore time).

The agenda of the meetings will be as follow:

  • To provide an update on the status of the liquidation of the Company i.e. to consider a compromise or an arrangement amongst the creditors and contributories of the Company; and
  • Any other business.

Notes:

  1. Particulars of the claims of any creditors who wish to attend and vote at this meeting must be lodged with c/o FTI Consulting (Singapore) Pte Ltd, via email at [email protected] not later than 4:00 p.m. (Singapore time) on 11 June 2026. Secured creditors (unless they surrender their security) must give particulars, the date the security was received and its value if they wish to vote at the meeting.
  2. Proxies to be used at the meeting must be duly completed and lodged with c/o FTI Consulting (Singapore) Pte. Ltd. via email at [email protected] not later than 4:00 p.m. (Singapore time) on 11 June 2026.
  3. The meeting shall be held by videoconference only. Details of the videoconference will only be provided (via email) to those creditors who have registered their intent in attending the meeting.

 

Photo credit: Drew Beamer
Published: 9 June, 2026

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Winding up

Singapore: Notice of intended dividend issued for Xin Sheng Shipping Pte Ltd

Creditors of the companies will have to submit proof of debt to the liquidators of Xin Sheng Shipping by 22 June at 5 pm, according to Government Gazette notice.

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RESIZED Jo_Johnston from Pixabay

A notice to declare the intended dividend of Xin Sheng Shipping to its creditors has been posted on the Government Gazette on Monday (8 June).

The following are the details of the notice of intended dividend:

Name of Company : Xin Sheng Shipping (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 199004277D
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 22 June 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: Jo_Johnston from Pixabay
Published: 9 June, 2026

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