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Creditors’ meeting for Xihe Capital and related shipping firms to take place in November

Meetings will be conducted electronically via the Zoom platform, pursuant to the COVID-19 (Temporary Measures), according to the Government Gazette.

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A creditors’ meeting for Xihe Capital (Pte.) Ltd. is scheduled to take place on Friday (19 November) by way of video conference via Zoom at 4:00 p.m., according to a Thursday (11 November) notice posted on the Government Gazette.

Further, creditors’ meetings for others will also take place for the following related companies: An Chiau Shipping Pte. Ltd., An Wei Shipping Pte. Ltd, Da Hui Shipping, Nan Guang Maritime (Pte) Ltd, Nan Jin Maritime (Pte.) Ltd. on the same day at different timings.

The agenda of the meetings are as follows:

  • Receiving a statement of the Company’s affairs together with a list of creditors and the estimated amounts of their claims;
  • Appointing liquidator(s)
  • Any other business.

 Creditors are reminded of their rights under sections 165(2)(d) and 165(5) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018) to:

  • Request for information concerning the affairs of the Company (which the liquidator would have to furnish free of charge)
  • Appoint a person at the Creditors’ Meeting to be the liquidator for the purpose of winding up the affairs and distributing the assets of the Company in place of the liquidator appointed by the Company.

Attendance by video conference

The Meeting will be conducted electronically via the Zoom platform, pursuant to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings (Corporate Insolvency) Order 2020. 

Creditors may only attend to the Creditors’ Meeting by way of video conference via Zoom by lodging a duly completed registration form(s) via email @ [email protected], [email protected], [email protected] and [email protected]  no later than 4:00 pm on Wednesday (17 November).

Creditors may send any questions or other substantial and relevant matters that the creditors wish to raise at the Creditors’ Meeting by way of email to the above email addresses by 4pm, 17 November 2021.

 

Photo credit: Drew Beamer
Published: 12 November, 2021

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Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings will be held from 1 to 2 September for An Hui Shipping, Nan Chiau Maritime and Nan Yi Maritime to receive updates on firms’ liquidation, according to notices.

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Several notices were published on the Government Gazette on Friday (14 August) regarding the annual general meetings to be held from 1 to 2 September for Xihe Holdings subsidiaries An Hui Shipping Pte Ltd, Nan Chiau Maritime and Nan Yi Maritime Pte Ltd. 

Annual general meetings for An Hui Shipping are to be held on 1 September at the following times:

  • For the company and creditors: 3pm

Annual general meeting for Nan Chiau Maritime is to be held on 1 September at the following time:

  • For the company and creditors: 2pm

Annual general meeting for Nan Yi Maritime is to be held on 2 September at the following time:

  • For the company and creditors: 2pm

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator:

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Benjamin Child
Published: 17 August, 2026

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Legal

Singapore police arrest eight over alleged illegal MGO transaction off Tuas

SPF says preliminary investigations found that crew members of a Singapore-registered tugboat misappropriated MGO worth about SGD 10,570 without their company’s knowledge and sold it illegally.

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Singapore police arrest eight over alleged illegal MGO transaction off Tuas

The Singapore Police Force (SPF) on Thursday (13 August) said it has arrested eight men, aged between 25 and 54, for their suspected involvement in an illegal transaction of Marine Gas Oil (MGO).

On 13 August 2026 at about 1.05am, officers from the Police Coast Guard (PCG) conducted a check on a Singapore-registered tugboat in the waters off Tuas and discovered that eight crew members were possibly involved in the illegal transaction of MGO. 

“Preliminary investigations revealed that the crew members of the tugboats misappropriated MGO valued at about SGD 10,570 (USD 8,258), without their company’s knowledge,” SPF said in a statement.

“The MGO was sold illegally for their personal financial gain.”

The eight crew members will be charged in court on 14 August 2026 with the offence of theft by servant of property in possession of master under Section 381 of the Penal Code 1871 If convicted, they shall be punished with an imprisonment term that may extend to seven years and shall also be liable to fine.

“The Police take a serious view of illegal transaction of MGO in Singapore Territorial Waters and will continue to conduct enforcement and security checks to prevent, deter and detect such illicit activities in Singapore waters,” SPF added. 

 

Photo credit: Singapore Police Force
Published: 14 August, 2026

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Winding up

Singapore: Liquidators of East Marine Pte Ltd issues notice of annual meeting

Annual meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 20 August at 11am.

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A notice of annual meeting was issued by liquidators of East Marine Pte Ltd, which is in creditor’s voluntary liquidation, on the Government Gazette on Friday (7 August). 

According to the notice, the annual meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 20 August at 11am.  

The purpose of the meeting is to have an account laid before the meeting showing the acts and dealings of the liquidators and the conduct of the winding up in the preceding year.

The following are the details of the liquidators:

Ng Kian Kiat
Yap Hui Li
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 August, 2026

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