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Xihe Capital and subsidiaries, Nan Guang Maritime to undergo voluntary liquidation

02 Nov 2020

Several notices were published in the Government Gazette on Friday (30 October) regarding the voluntary liquidation of Xihe Capital Pte Ltd and some of its subsidiaries along with a Lim family related single purpose company Nan Guang Maritime Pte Ltd. 

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

Lim Chee Meng, Director of Xihe Capital, announced Hong Pian Tee would be appointed liquidator of the company for the winding up process, as agreed by its members in an Extraordinary General Meeting held on Thursday, 22 October at 21 Bukit Batok Crescent #22-70 WCEGA Tower Singapore 658065.

Notices containing the same information were also published for the following Xihe Capital subsidiaries:

  •   An Ding Shipping Pte Ltd
  •   An Rong Shipping Pte Ltd
  •   An Shun Shipping Pte Ltd
  •   An Wei Shipping Pte Ltd
  •   Da Hui Shipping Pte Ltd
  •   Da Shun Shipping Pte Ltd
  •   Nan Fang Maritime Pte Ltd
  •   Nan Jin Maritime Pte Ltd
  •   An Chiau Shipping Pte Ltd
  •   Xin Rui Shipping Pte Ltd

 Lim Chee Meng also published the same notice for Nan Guang Maritime Pte Ltd, a single purpose company owned by Lim family. 

Hong Pian Tee, the appointed liquidator then published a notice to creditors in relation to the voluntary winding up process by the above-named companies:

 Creditors are required on or before Monday (30 November 2020) to send or email their names and addresses and the particulars of their debts or claims and the names and addresses of their solicitors (if any) to the undermentioned Liquidator, Hong Pian Tee at c/o 21 Bukit Batok Crescent #22-70 WCEGA Tower Singapore 658065 or xhliq@pt-hong.com and if so required are to come in and prove their debts or claims as shall be specified or in default will be excluded from the benefit of any distribution made before such proof.

Related: ‘Reasonable prospects’ to keep Ocean Tankers as a going concern, states Director


Photo credit: Xihe Group 

Published: 2 November, 2020

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