• Follow Us On Our Preferred Social Media Platform:

Singapore: Lingco Marine Services Pte. Ltd to undergo voluntary wind up

17 Oct 2022

Two notices were published in the Government Gazette on Friday (14 October) regarding the winding up process of Lingco Marine Services Pte. Ltd.

The first notice was informing that an Extraordinary General Meeting of the company which was duly convened via Member’s Resolution in writing, for the purposes of considering and, if thought fit, of passing the following as Ordinary/ Special Resolutions:

SPECIAL RESOLUTIONS

  1. a) THAT the Company be wound up voluntarily pursuant Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (the “Act”); and
  2. b) THAT the Liquidator of the Company be authorised to exercise any of the powers given by the Act and to distribute to the contributories or as they may direct in cash and/or in specie all the surplus assets of the Company.

ORDINARY RESOLUTIONS

  1. a) THAT Mr Yio Swee Khim of 140 Paya Lebar Road #09-21 Singapore 409015 is appointed Liquidator for the purpose of such winding up and that the Liquidator be remunerated for the work involved and be reimbursed any disbursements incurred in connection with the liquidation; and
  2. b) THAT the Liquidator be indemnified by the Company against all costs, charges, losses, expenses and liabilities incurred or sustained by the Liquidator in the execution and discharge of his duties in connection with the liquidation.

The second notice informed creditors of the company 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 liquidator of the company on or before 28 October, 2022.

If so required by notice in writing from the said liquidator are, by their solicitors or personally, 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.

Contact details of the liquidator are as follows:

Yio Swee Khim
Liquidator
c/o 140 Paya Lebar Road
#09-21
Singapore 409015

 

Photo credit: Benjamin Child
Published: 17 October, 2022

Related News

Featured News

Our Industry Partners

PR Newswire