Singapore: Liquidator of Xihe Holdings subsidiaries issues notice of dividend

Several notices of dividend were published in the Government Gazette on Friday (28 February), to creditors of Xihe Holdings’ subsidiaries – Xin Chun Shipping Pte Ltd and Xin Sheng Shipping Pte Ltd.

Xihe Holdings Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the Singapore-based defunct oil trading company Hin Leong Trading.

The following are the details of the notice of dividend for Xin Chun Shipping:

Name of Company : Xin Chun Shipping (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 199003659C
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Amount per centum (US$) : 15.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 28 February 2025
Where payable : Entitlements will be made either by way of telegraphic transfer or to be collected from the Company’s registered address as above.

The following are the details of the notice of dividend for Xin Sheng Shipping:

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
Amount per centum (US$) : 20.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : Second Interim Dividend
When payable : 28 February 2025
Where payable : Entitlements will be made either by way of telegraphic transfer or to be collected from the Company’s registered address as above.

Photo credit: Jo_Johnston from Pixabay
Published: 3 March, 2025