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Vermont UM Bunkering makes winding up application at Singapore High Court

A pre-trial conference regarding the application was heard at the Singapore court in the week ended 1 Sept.
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7 years ago

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Former Singapore bunker supplier and bunker craft operator Vermont UM Bunkering Pte Ltd has made an application to the High Court of the Republic of Singapore to wind up the company, according to a legal document obtained by Manifold Times.

A pre-trial conference regarding the application filed on 19 July was heard at the Singapore court in the week ended 1 September 2019.

Business advisory firm FTI Consulting has been appointed a liquidator of the company.

A check conducted by Manifold Times on Monday (2 September) found Vermont UM Bunkering still registered as a ‘live company’ on Singapore’s Accounting and Corporate Regulatory Authority (ACRA) website.

MPA on April 2016 revoked the bunker supplier and bunker craft operator licences of Vermont Bunkering due to discrepancies and wrongful declarations in the records kept on board their bunker tankers. 

Following, the Directors of Vermont UM Bunkering were both charged by Singapore’s Corrupt Practices Investigation Bureau (CPIB) in November 2017 for cheating and criminal breach of trust offences under the Penal Code.

Earlier in 2018, Malayan Banking Berhad sought to liquidate a total USD $38.3 million under Mortgagee’s Claim from Vermont UM Shipping which is believed to be the owner and operator of the Angel Sun, Angel Star, Angel Moon and Ansheng.

The four bunkering tankers were arrested at Singapore port on 2 April, 2018.

In January 2019, creditor Goldsland Holdings Company Limited initiated a US $22.44 million claim from Vermont UM Bunkering; which was being defended by Directors of the latter.

Koh Seng Lee, the sole shareholder and executive director of Pacific Prime Trading (PPT), and also a Director of Vermont UM Bunkering is currently involved in the BP Singapore bunker trial.

Related: Singapore-based Vermont UM Bunkering directors, staff charged for fraud
Related: Bank seeks $38 million from arrested Singapore bunker tankers
Related: Singapore: Four bunker tankers arrested
Related: Goldsland Holdings moves in to secure US $22 million from Vermont UM Bunkering
Related: Vermont UM Bunkering Directors plan to defend claims from Hong Kong firms
Other related: BP Singapore bunker trial: Former Ops Manager cross examined

Photo credit: Manifold Times
Published: 3 September, 2019
 

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Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings of companies/creditors will be held electronically from between 21 July to 5 for 11 subsidiaries of Xihe Holdings.

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6 hours ago

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July 7, 2026

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Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from between 21 July to 5 August for 11 subsidiaries of Xihe Holdings. 

Annual general meetings for Xin Dun Shipping are to be held on 21 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Xin Ya Shipping are to be held on 24 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Xin Chun Shipping are to be held on 21 July at the following times:

  • For the company: 2pm
  • For the creditors: 3pm

Annual general meetings for Nan Sia Maritime are to be held on 24 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Nan Hai Maritime are to be held on 23 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Xin Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Kang Shipping are to be held on 23 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua Gang Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua An Shipping are to be held on 22 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Dong Fang Shipping are to be held on 22 July at the following times:

  • For the company: 2pm
  • For the creditors: 3pm

Annual general meeting for Nan Ya Maritime is to be held on 5 August at the following time:

  • For the company: 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: 7 July, 2026

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Winding up

Singapore: Nan Shan Maritime liquidator issues notice of intended dividend

Creditors will need to produce proofs of debt to liquidator of Nan Shan Maritime by 14 July, according to Government Gazette notice.
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6 days ago

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July 1, 2026

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A notice to declare intended dividend of Nan Shan Maritime Pte Ltd to its creditors has been posted on the Government Gazette on Tuesday (30 June).

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

Name of Company : Nan Shan Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Last Day for Receiving Proofs : 14 July 2026
Name of Liquidator : Tam Chee Chong
Address : c/o 10 Anson Road, #10-10, International Plaza, Singapore 079903

 

Photo credit: steve pb from Pixabay
Published: 1 July, 2026

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Winding up

Singapore: Kekal Shipping Pte Ltd to undergo voluntary wind up

A liquidator has been appointed at an extraordinary general meeting held on 18 June for the purpose of winding up the company’s affair, according to Government Gazette notice.
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1 week ago

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June 30, 2026

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RESIZED Jo_Johnston from Pixabay

A notice in the Government Gazette was published by the Director of Kekal Shipping Pte Ltd on Friday (26 June), regarding resolutions that were passed in relation to the winding up of the company.

The following resolutions were duly passed during an an Extraordinary General Meeting of the company, which was held at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632 on 18 June at 10am:

SPECIAL RESOLUTION

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

ORDINARY RESOLUTION

RESOLVED that Ms Lee Yan Huei of Messrs Acclime Corporate Advisory Singapore Pte. Ltd. be appointed liquidator of the Company for the purpose of such winding up

 

Photo credit: Jo_Johnston from Pixabay
Published: 30 June, 2026

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