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Winding up

Singapore: Sasa Shipping Co Pte Ltd to be wound up voluntarily

Creditors of the company are required on or before 18 February 2025 to send in their names and address with particulars to firm’s liquidator at 60 Paya Lebar Road, #04-51, Paya Lebar Square, Singapore 409051.

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Several resolutions for Sasa Shipping Co Pte Ltd were made during an extraordinary meeting held on 15 January, according to a notice in the Government Gazette on Friday (17 January).

The meeting was held at 28 Biopolis Road, Wilmar International, Singapore 138568 at 11am.

The duly passed resolutions were:

Special Resolution

  • That the Company be wound up voluntarily pursuant to Section 160 (1)(b) of the Insolvency, Restructuring and Dissolution Act 2018. 

Ordinary Resolutions

  • That Mr. Liew Khee Soon of 60 Paya Lebar Road, #04-51, Paya Lebar Square, Singapore 409051 be and is hereby appointed as Liquidator of the Company for the purpose of such winding-up.
  • That the Liquidator be indemnified by the Company against all costs, charges, losses, expenses and liabilities incurred or sustained by him in the execution and discharge of his duties in connection with the winding-up.

In another notice, it was stated that creditors of the company are required on or before 18 February 2025 to send in their names and address with particulars (if any) to the liquidator at 60 Paya Lebar Road, #04-51, Paya Lebar Square, Singapore 409051 and if so required by notice in writing from the said Liquidator, are to come in and prove their debts or claims at such time and place as shall be specified in the notice or in default will be excluded from the benefit of any distribution made before such debts or claims are proved.

 

Photo credit: Benjamin Child
Published: 20 January, 2025

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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 Xin Chun Shipping, Xin Guang Shipping and Xin Sheng Shipping by 18 February at 5pm by email.

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Notices to declare intended dividend of Xihe Holdings Pte Ltd subsidiaries Xin Chun Shipping Pte Ltd, Xin Guang Shipping Pte Ltd and Xin Sheng Shipping Pte Ltd to their creditors have been posted on the Government Gazette on Tuesday (4 February).

According to the notices, the last day for creditors of the companies to submit proof of debt to the liquidators is at 5pm on 18 February 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: First creditors meeting of Xihe Holdings subsidiaries to be held in January 2021

 

Photo credit: Benjamin-Child
Published: 5 February, 2025

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Winding up

Singapore: Liquidators schedule first and final meeting for Maritime International Offshore

Meeting will be held at 10 Collyer Quay, #17-01 Ocean Financial Centre, Singapore 049315 on 25 February at 3pm (Singapore time), according to Government Gazette notice.

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RESIZED Drew Beamer

The first and final meeting of Maritime International Offshore Pte Ltd, which is in liquidation, has been scheduled to take place on 25 February, according to the company’s liquidators on a notice posted on Friday (24 January) on the Government Gazette.

The meeting will be held at 10 Collyer Quay, #17-01 Ocean Financial Centre, Singapore 049315 at 3pm (Singapore time).

The agenda of the meeting is the following:

  1. a) To receive, from the Liquidators and/or their duly authorised representative(s), a brief update on matters attended to in the Company’s winding up;
  2. b) To approve the Liquidators’ fees and disbursements, amounting to SGD 20,740.00 (excluding GST) and SGD 899.88 (excluding GST), respectively; and
  3. c) Any other matters relevant to the Company’s winding up.

Forms of general and special proxies are available at the Liquidators’ office. Proxies to be used at the meeting must be lodged by no later than 4pm (Singapore time) on the 24 February 2025.

Manifold Times previously reported the High Court of Singapore issuing a winding up order to Maritime International Offshore. 

The winding up application was filed by India-registered IL&FS Energy Development Company Limited on 27 December 2023.

Related: High Court of Singapore issues winding up order to Maritime International Offshore
Related: Singapore: Maritime International Offshore winding up application to be heard on 19 January

 

Photo credit: Drew Beamer
Published: 28 January, 2025

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Winding up

Singapore: Parakou Shipping liquidator issues notice of dividend to creditors

First dividend will be payable on or before 24 February and entitlements can be collected at KordaMentha Pte Ltd, 16 Collyer Quay, #30-01, Singapore 049318.

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A notice of dividend for Parakou Shipping Pte Ltd, which is undergoing creditors’ voluntary liquidation, was published on the Government Gazette on Friday (24 January).

The following are details of the notice of dividend of Parakou Shipping:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation) (Company Reg. No. 199507273G)
Address of Registered Office : c/o KordaMentha Pte Ltd, 16 Collyer Quay, #30-01, Singapore 049318
Amount per centum : 34.33 per centum of admitted claims (in accordance with the Order of Court HC/OA 344/2024 dated 19 August 2024)
First and final or otherwise : First Dividend to admitted creditors (in accordance with the Order of Court HC/OA 344/2024 dated 19 August 2024)
When payable : On or before 24 February 2025
Where payable : c/o KordaMentha Pte Ltd, 16 Collyer Quay, #30-01, Singapore 049318

 

Photo credit: steve pb from Pixabay
Published: 28 January, 2025

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