Singapore: Liquidators issue notices of dividend for Swissco Holdings subsidiaries

Notices to dividend of Singapore-based marine services company Swissco Holdings subsidiaries Swissco Ship Services Pte Ltd and Swissco Energy Services Pte Ltd to their creditors have been posted on the Government Gazette on Monday (5 August).

The following are the details of the notice of intended dividend for Swissco Ship Services :

Name of Company : Swissco Ship Services Pte Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200907405W
Address of Registered Office : 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616
Amount per centum : 0.18329% of all admitted unsecured claims
First and Final or otherwise : Third and Final Interim Dividend
When payable : From 7 August 2024 onwards
Where payable : 1 Raffles Place #04-61, One Raffles Place Tower 2, Singapore 048616

The following are the details of the notice of intended dividend for Swissco Energy Services :

Name of Company : Swissco Energy Services Pte Ltd(In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200817078R
Address of Registered Office : 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616
Amount per centum : 0.7828% of all admitted unsecured claims
First and Final or otherwise : Second and Final Dividend
When payable : From 7 August 2024 onwards
Where payable : 1 Raffles Place #04-61, One Raffles Place Tower 2, Singapore 048616

The following are the details of the notice of intended dividend for Swissco Asia Pte Ltd:

Name of Company : Swissco Asia Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : One Raffles Quay, North Tower, Level 18, Singapore 048583
Amount per centum : 12.77 cents to a dollar
First and final or otherwise : First and Final dividend
When payable : 7 August 2024
Where payable : One Raffles Quay, North Tower, Level 18, Singapore 048583

In 2019, it was reported that Swissco Holdings completed the disposal of a considerable part of its offshore support vessels (OSV) division.

The OSV business disposal involved six of the group’s subsidiaries including Swissco Offshore Pte Ltd, Swissco International , Swissco Maritime, Swissco Ship Services, Swissco Asia and Singapore Marine Logistics.

The disposal was intended to help reduce the group’s liabilities.

Related: Singapore: Liquidators issue notices of intended dividend for Swissco Holdings subsidiaries

Photo credit: Jo_Johnston from Pixabay
Published: 6 August, 2024