Winding up

Singapore: Notices of dividend issued for Xihe Holdings’ subsidiaries

Dividend notices of Hua An Shipping, Hua Sheng Shipping, Hua Xin Shipping and Nan Sia Maritime to their creditors have been posted on the Government Gazette.

Published

1 month ago

December 3, 2024

Admin

Several notices were published in the Government Gazette on Friday (29 November), regarding the first interim dividend to creditors of Xihe Holdings’ subsidiaries – Hua An Shipping Pte Ltd, Hua Sheng Shipping Pte Ltd, Hua Xin Shipping Pte Ltd and Nan Sia Maritime Pte Ltd.

The following are details of the notice of dividend of Hua An Shipping:

Name of Company : Hua An Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / : 200610919Z
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 preferential claims
31.90 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 29 November 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 Hua Sheng Shipping:

Name of Company : Hua Sheng Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200611200D
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 preferential claims
18.80 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 29 November 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 Hua Xin Shipping:

Name of Company : Hua Xin Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 200611204G
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 preferential claims
19.40 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 29 November 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 Nan Sia Maritime:

Name of Company : Nan Sia Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814320Z
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 preferential claims
16.50 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 29 November 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: 3 December, 2024

Winding up

Singapore: Liquidator issue notice of intended dividend for Parakou Shipping

Creditors will need to produce proofs of debt to liquidator of Parakou Shipping by 24 January, according to Government Gazette notice.

Published

2 days ago

January 13, 2025

Admin

A notice to declare intended dividend of Parakou Shipping Pte Ltd to its creditors has been posted on the Government Gazette on Friday (10 January).

The following are the details of the notice of intended dividend for the first dividend:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)

Address of Registered Office : c/o KordaMentha, 16 Collyer Quay, #30-01, Singapore 049318

Last Day of Receiving Proofs : 24 January 2025 (if not already lodged)

Name of Liquidator : Cameron Duncan

Address : c/o KordaMentha, 16 Collyer Quay, #30-01, Singapore 049318

Photo credit: steve pb from Pixabay
Published: 13 January, 2025

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

1 week 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

1 week 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