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Singapore: Notice of dividend issued for Xin Dun Shipping, Xin Sheng Shipping

First interim dividend to creditors payable from 18 October 2024; creditors can collect claim from liquidator’s office situated at 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960.

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RESIZED Jo_Johnston from Pixabay

A notice was published in the Government Gazette on Monday (21 December), regarding the first interim dividend to creditors of Xin Dun Shipping Pte Ltd and Xin Sheng Shipping Pte Ltd. 

The following are details of the notice of dividend of Xin Dun Shipping:

Name of Company : Xin Dun Shipping (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 199003657Z
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$) : 100.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 18 October 2024
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.

The following are details of the notice of dividend of 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$) : 22.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 18 October 2024
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: Jo_Johnston from Pixabay
Published: 21 October 2024

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Winding up

Singapore: Notices of intended dividend issued for Xihe Holdings subsidiaries

Creditors of the companies will have to submit proof of debt to the liquidators of Da Xin Tankers, Dong Fang Shipping & Trading, Dong Ya Tankers and Nan King Maritime.

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Notices to declare intended dividend of Xihe Holdings Pte Ltd subsidiaries Da Xin Tankers (Pte) Ltd, Dong Fang Shipping & Trading (Pte) Ltd, Dong Ya Tankers (Pte) Ltd and Nan King Maritime (Pte.) Ltd to their creditors have been posted on the Government Gazette on Wednesday (6 November).

According to the notices, the last day for creditors of the companies to submit proof of debt to the liquidators is at 5pm on 20 November by email to [email protected]

The following are the details of the liquidators:

Paresh Tribhovan Jotangia and Ho May Kee
c/o Grant Thornton Singapore Private Limited
8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Jo_Johnston from Pixabay
Published: 7 November, 2024

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Winding up

Singapore: Lal Offshore Marine posts intention to declare dividend

Creditors will need to submit proofs to liquidators of Lal Offshore Marine by 18 November 2024, according to Government Gazette notice on 1 November.

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RESIZED Drew Beamer

A notice of intention to declare dividend of Lal Offshore Marine Pte. Ltd. (Co. Reg. No. 200513692G) to its creditors has been posted according to a Friday (1 November) notice from the Government Gazette.

Name of Company: Lal Offshore Marine Pte. Ltd. (In Liquidation)
Address of Registered Office : 600 North Bridge Road, #23-01 Parkview Square, Singapore 188778
Last Day of Receiving Proofs : 18th day of November 2024
Names of Liquidators : Leow Quek Shiong, Gary Loh Weng Fatt
Address of Liquidators : c/o BDO Advisory Pte. Ltd., 600 North Bridge Road, #23-01 Parkview Square, Singapore 188778

According to a The Straits Times report in February 2023, Vignish Vijelal, former director of a shipbuilding company, Lal Marine & Construction (LMC), was sentenced to five years’ jail, after he cheated a financing firm, Capital March Platform (CMP), of over $1.3 million by using 10 fake invoices.

Each invoice was accompanied by a work order purportedly between LMC and offshore structure builder Keppel Fels. However, there was no contract between LMC and Keppel Fels in relation to the painting and blasting works stated on the 10 work orders.

Instead, for each of the 10 LMC work orders, there was a corresponding genuine work order between another firm – Lal Offshore Marine (LOM) – and Keppel Fels.

LOM was the sister company of LMC at the time of the offences, and Vignish and his father were directors at LOM.

 

Photo credit: Drew Beamer
Published: 4 November, 2024

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Winding up

Singapore: Notices of intended dividend issued for Xihe Holdings subsidiaries

Creditors of the companies will have to submit proof of debt to the liquidators of Nan Sia Maritime, Hua Xin Shipping, Hua Sheng Shipping and Hua An Shipping by 30 October at 5pm by email.

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RESIZED Jo_Johnston from Pixabay

Notices to declare intended dividend of Xihe Holdings Pte Ltd subsidiaries Nan Sia Maritime Pte Ltd, Hua Xin Shipping Pte Ltd, Hua Sheng Shipping Pte Ltd and Hua An Shipping Pte Ltd to their creditors have been posted on the Government Gazette on Wednesday (16 October).

According to the notices, the last day for creditors of the companies to submit proof of debt to the liquidators is at 5pm on 30 October by email to [email protected].

The following are the details of the liquidators:

Paresh Tribhovan Jotangia and Ho May Kee
c/o Grant Thornton Singapore Private Limited
8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

Related: JMs of An Guang Shipping and other Xihe subsidiaries call for creditors meeting

 

Photo credit: Jo_Johnston from Pixabay
Published 17 October 2024

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