Winding up

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

Creditors will need to produce proofs of debt to liquidators of Swissco Ship Services and Swissco Energy Services by 9 July, according to Government Gazette notices.

Published

7 months ago

June 26, 2024

Admin

Notices to declare intended 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 Tuesday (25 June).

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

Name of Company : Swissco Ship Services Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616
Last Day of Receiving Proofs : 9 July 2024 (if not already lodged)
Name of Liquidators : Aw Eng Hai and Kon Yin Tong
Address : Foo Kon Tan LLP, 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616

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

Name of Company : Swissco Energy Services Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616
Last Day of Receiving Proofs : 9 July 2024 (if not already lodged)
Name of Liquidators : Aw Eng Hai and Kon Yin Tong
Address : Foo Kon Tan LLP, 1 Raffles Place, #04-61 One Raffles Place Tower 2, Singapore 048616

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.

Photo credit: steve pb from Pixabay
Published: 26 June, 2024

Winding up

Singapore: Beluga Shipping and related companies to undergo members’ voluntary liquidation

Other companies that will undergo the liquidation process are Ibis Pacific Shipping, Mahuta Shipping, Orca Shipping, Petronia Pacific, Pulas Shipping and Sawara Shipping, according to a Government Gazette notice.

Published

6 days ago

January 7, 2025

Admin

Singapore-based Beluga Shipping Pte Ltd and its related companies will undergo members' voluntary liquidation following an Extraordinary General Meeting on 30 December, according to a Government Gazette notice published on Monday (6 January).

The other companies are:

Ibis Pacific Shipping Pte Ltd
Mahuta Shipping Pte Ltd
Orca Shipping Pte Ltd
Petronia Pacific Pte Ltd
Pulas Shipping Pte Ltd
Sawara Shipping Pte Ltd

The resolutions set out below were duly passed:

Special Resolutions

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.
That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
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

That Goh Yeow Kiang Victor, Khor Boon Hong and Lee Yi Ying, Marie 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.

Photo credit: Benjamin Child
Published: 7 January, 2025

Winding up

Singapore: Atlantic Acapulco and related firms enter voluntary liquidation, select liquidators

Other companies that will undergo the liquidation process are Atlantic Altamira (2020), Atlantic Maya and Atlantic Monterrey, according to a Government Gazette notice.

Published

6 days ago

January 7, 2025

Admin

Atlantic Acapulco Pte Ltd and its related companies will undergo members' voluntary liquidation following an Extraordinary General Meeting on 30 December, according to a Government Gazette notice published on Monday (6 January).

The other companies are:

Atlantic Altamira (2020) Pte Ltd
Atlantic Maya Pte Ltd
Atlantic Monterrey Pte Ltd

The resolutions set out below were duly passed:

Special Resolutions

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.
That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
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

That Goh Yeow Kiang Victor, Khor Boon Hong and Lee Yi Ying, Marie 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.

According to SGP Business website, Atlantic Acapulco’s principal activity is in shipping, including chartering of ships and boats with crew.

Photo credit: Drew Beamer
Published: 7 January, 2025

Winding up

Singapore: Liquidator of Dong Nan Tankers issues notice of dividend

First interim dividend for the company is payable from 3 January and entitlements will be made either by way of telegraphic transfer or by cheque, according to Government Gazette notice.

Published

7 days ago

January 6, 2025

Admin

A notice was published in the Government Gazette on Friday (3 January), regarding the first interim dividend to creditors of Dong Ya Tankers Pte Ltd.

The following are details of the notice of dividend of Dong Ya Tankers:

Name of Company : Dong Ya Tankers (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 198400897Z
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 : 3 January 2025
Where payable : Entitlements will be made either by way of telegraphic transfer or by cheque, to be collected from the Company’s registered address as above.

Photo credit: Drew Beamer
Published: 6 January, 2025