Several resolutions for Tiger LNG Shipping Pte Ltd were made during an extraordinary general meeting held on 30 June, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

AS SPECIAL RESOLUTIONS

Resolved:

• That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018, and that Mr Lum Chi Lup Benny of 190 Middle Road, #17-05 Fortune Centre, Singapore 188979, be and is hereby appointed as Liquidator for the purpose of such winding-up;
• That the Liquidator be and is hereby authorised (when and as soon as the debts and liabilities of the Company have been paid and satisfied or duly provided for) to distribute the assets in specie or kind among the contributories of the Company in accordance with their respective rights and interests; and
• That the Liquidator of the Company be and is hereby authorised to exercise any of the powers given by Sections 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring and Dissolution Act 2018.

AS ORDINARY RESOLUTIONS

Resolved:

• That the Liquidator, Mr Lum Chi Lup Benny be remunerated for the work of winding-up the Company on his normal scale of fees and 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 relation thereto.
• That pursuant to Section 195(2) of the Insolvency, Restructuring and Dissolution Act 2018, the books, accounts and documents of the Company and those of the Liquidator shall be retained for a period of 5 years after the dissolution of the Company and, at the expiration of that period, the documents may be destroyed.

Photo credit: Drew Beamer
Published: 7 July, 2025

A notice to declare intended dividend of collapsed Singapore-based oil trading firm Xihe Holdings Pte Ltd to its creditors has been posted on the Government Gazette on Thursday (3 July).

Xihe Holdings Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

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

Name of Company : Xihe Holdings (Pte) Ltd (In Liquidation)
Unique Entity No. / Registration No. : 199002021M
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Court : High Court of Singapore
Number of Matter : HC/CWU 40/2022
Last Day for Receiving Proofs : 17 July 2025 at 5:00 pm by email to [email protected]
Name of Liquidators : Seshadri Rajagopalan, Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

Related: Singapore: Xihe Holdings and subsidiaries to be placed under judicial management
Related: Xihe Holdings files for judicial management and winding up of Xihe Capital subsidiaries

Photo credit: steve pb from Pixabay
Published: 4 July, 2025

An application for the winding up of LNG Easy (S) Private Limited was filed by China-based Shanghai Hengda (Jituan) Youxian Gongsi on 25 June, according to Wednesday (2 July) notice on the Government Gazette.

It noted the winding up application is directed to be heard before the Judge sitting in the General Division of the High Court at 10am on 18 July.

Any creditor or contributory of the company desiring to support or oppose the making of an order on the winding up application may appear at the time of hearing by himself or his counsel for that purpose.

A copy of the winding up application will be furnished to any creditor or contributory of the company requiring the copy of the winding up application by the solicitors of the applicant’s, Shook Lin & Bok LLP, on payment of the regulated charge for the same.

The Applicant’s address is 681 South Henan Road, Huangpu District, Shanghai 200010, China.

The Applicant’s solicitors are Shook Lin & Bok LLP of 1 Robinson Road, #18-00, AIA Tower, Singapore 048542.

Note: Any person who intends to appear on the hearing of the winding up application must serve on or send by post to the Claimant’s solicitors, notice in writing of his intention to do so. The notice must state the name and address of the person, or if a firm, the name and address of the firm, and must be signed by the person, firm, or his or their solicitor (if any) and must be served, or, if posted, must be sent by post in sufficient time to reach the abovenamed not later than 14 July 2025 (at least 3 clear working days before the day appointed for the hearing of the winding up application).

Photo credit: Ekaterina Bolovtsova
Published: 3 July, 2025