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Singapore: International Energy Group to be wound up; calls for creditors meeting

12 Jan 2021

Three notices were published in the Government Gazette on Monday (11 January) regarding the winding up process of International Energy Group Pte Ltd.

In the first notice, the company’s Director, Goh Kok Liang, declared on Tuesday (5 January) that International Energy Group (IEG) can no longer continue its business due to its liabilities and proceeded to summon a creditors’ meeting within a month of the declaration.

The second notice was regarding the appointment of Messrs Kon Yin Tong and Aw Eng Hai of Foo Kon Tan LLP as the company’s joint liquidators through a resolution passed by the directors of IEG. 

In the third notice, the Director announced a creditors’ meeting has been scheduled to be held electronically on Monday (1 February) at 10.30 am for the following purposes: 

  • To lay before the creditors a full statement of the affairs of the company, showing its assets and liabilities.
  • To confirm the appointment of Messrs Kon Yin Tong and Aw Eng Hai of Foo Kon Tan LLP, as the company’s joint liquidators.
  • To authorise the appointed liquidators to open bank accounts with a bank for the orderly winding up of the company and for them to appoint authorised signatories of the said bank accounts.
  • To consider appointing a Committee of Inspection for the purpose of winding up the company.
  • Any other business.

It should be noted that proxies to be used at the meeting must be lodged with the company at the address of the appointed liquidators at least 48 hours before the time appointed for the meeting.

The contact details for the appointed liquidators are as follows:

Foo Kon Tan LLP
24 Raffles Place,
#07-03 Clifford Centre,
Singapore 048621

Photo credit: Benjamin-child

Published: 12 January, 2021

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