Connect with us
DNV Decarbonization Insight Series August 2026 - What maritime professionals should know about AI Training

Legal

Xihe Holdings files for judicial management and winding up of Xihe Capital subsidiaries

The hearing is scheduled for Wednesday, 20 January 2021 at 10.00 am and anyone who intends to attend must submit a notice in writing to Xihe’s solicitors.

Admin

Published

on

drew beamer 9uX5cX1l3bw unsplash

Two notices were published in the Government Gazette on Monday (4 January) regarding an application by Xihe Holdings to place the following Xihe Capital Pte Ltd subsidiaries under judicial management and for the winding up of the following companies.

The companies included in the published notices are: 

  • An Ding Shipping Pte Ltd
  • Nan Jin Maritime Pte Ltd
  • An Wei Shipping Pte Ltd
  • An Rong Shipping Pte Ltd
  • Da Hai Shipping Pte Ltd
  • An Shun Shipping Pte Ltd
  • Da Shun Shipping Pte Ltd
  • Nan Fang Maritime Pte Ltd

According to the first notice, the applications were made by Xihe Holdings on 20 October, 2020 as a creditor of the above companies.

The said applications are scheduled to be heard at Court on Wednesday, 20 January 2021 at 10.00 am, and Seshadri Rajagopalan and Paresh Tribhovan Jotangia of Grant Thornton Singapore Pte. Ltd. have been nominated as the joint and several judicial managers of each of the above-named companies.

Anyone who intends to oppose the making of orders, or the nomination of a judicial manager may appear at the hearing or by his solicitor. A copy of the relevant application(s) and its supporting affidavit will be furnished to any creditor or member of any of the above-named companies requiring them by the undersigned on payment of the reasonable charge. 

According to the second notice, the winding up order was filed by Xihe Holdings on 30 October, 2020 as a creditor of the companies; Xihe Holdings is also currently under judicial management.

Similarly, the applications have been scheduled to be heard at Court on Wednesday, 20 January 2021 at 10.00 am.

Any creditor or contributory of any of the above-named companies who wishes to support or oppose the making of orders on the winding up applications may appear at the time of hearing by himself or his counsel.

A copy of the relevant winding up applications will be furnished to any creditor or contributory of any of the above-named companies requiring the copy of the relevant winding up applications by the undersigned on payment of the regulated charge for the same.

Additionally, anyone who intends to appear at the hearing of the applications must submit to Xihe Holdings’ solicitors notice in writing of their 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 or firm, or his or their solicitor (if any).

Unless otherwise directed by the Court, the notice must reach the solicitors at least 3 clear working days before the Tuesday, 19 January 2021.

The solicitors of Xihe Holdings are:

WongPartnership LLP
Marina Boulevard
Level 28, Marina Bay Financial Centre Tower 3
Singapore 018982
(Ref: MSD/ SRM/JCZZ/20201943)

Related: Judicial Managers of Xihe Holdings and subsidiaries call for first creditors meeting
Related: Judicial Managers appointed for Xihe Holdings subsidiary, Xin Hui Shipping
Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management
Related: Singapore: Xihe Holdings and subsidiaries to be placed under judicial management
Related: Xihe Holdings supervisor to place seven tankers for sale in an attempt to repay creditors
Related: Xihe Holdings placed under IJM as OCBC reverses decision for ‘consensual restructuring’
Related: Xihe Capital and subsidiaries, Nan Guang Maritime to undergo voluntary liquidation
Related: Xihe replaces Directors, forms new management team to chart fresh course for Group 


Photo credit: Drew-Beamer

Published: 5 January, 2021

 

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

steve pb from Pixabay

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

Continue Reading

Winding up

Singapore: Annual and final meetings to be held for Asia-Pacific Shipyard Pte Ltd

Annual meeting and the final 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 9 September.

Admin

Published

on

By

RESIZED Drew Beamer

A notice of annual meeting and final meeting was issued by liquidators of Asia-Pacific Shipyard Pte Ltd, which is in creditor’s voluntary liquidation, on the Government Gazette on Friday (7 August). 

According to the notice, the annual meeting and the final 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 9 September.

The annual meeting will be held at 2pm while the final meeting will be held at 3pm. 

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 and the manner in which the winding up has been conducted and the property of the company has been disposed of and hearing any explanation that may be given by the liquidators.

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: Drew Beamer
Published: 12 August, 2026

Continue Reading

Trending