Announcement


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Methodist Co-operative Society Ltd
(In Liquidation)

(UEN No. S95CS0216K)
c/o Technic Inter-Asia Pte Ltd,
50 Havelock Road #02-767 Singapore 160050

Dear Members,

Please be informed that pursuant to an Extra-Ordinary General Meeting (“EGM”) of Methodist Co-Operative Society Ltd (“MCSL”) held on 31 August 2022, a quorate meeting of members unanimously voted to approve the voluntary dissolution of MCSL pursuant to Section 83 of the Co-Operative Societies Act (the “Act”).

Following from the members’ decision taken at the EGM to dissolve MCSL, MCSL applied to the Registry of Cooperative Societies (“RCS”) to cease its operations from 1 September 2022. Mr Lau Chin Huat and Mr Yeo Boon Keong, both of Technic Inter-Asia Pte Ltd (“TIAdvisory”) have been appointed Liquidators of MCSL on 21 September 2022 by the RCS under Section 83(5) of the Act.

TIAdvisory will assist MCSL to administer the orderly dissolution of MCSL, which amongst other things, include the refund of MCSL’s share capital to its members.

We seek your patience and understanding in the process.

The MCSL’s Board of Management would also like to take this opportunity to thank its members for their support over the past 27 years.

Please click to View/Download the Gazette notices dated 21 September 2022.

Yours faithfully,

Rev Paul Nga Hook Sing
Honorary Secretary
Methodist Co-operative Society Ltd

cc

  • Mr Cheong Puk Fai, Chairman, MCSL
  • Mr Thangaraju s/o Moses, Hon Treasurer, MCSL

FRIDAY, SEPTEMBER 23, 2022

First published in the Government Gazette, Electronic Edition, on 21 September 2022 at 5 pm.

No. 2572 –– CO-OPERATIVE SOCIETIES ACT 1979

WINDING-UP ORDER UNDER SECTION 83(1)

In exercise of the powers conferred on me by section 83(1) of the Co-operative Societies Act 1979, I, Du Xiaoyu, Registrar of Co-operative Societies, Singapore, order that Methodist Co-operative Society Limited (“the Society”) be wound up because ––

    (a) I have received an application made by more than 75% of the members of the Society present and voting at an extraordinary general meeting, held on 31 August 2022, which was convened for the purpose of winding up the Society; and

    (b) I am of the opinion that the Society ought to be wound up.

Dated 20 September 2022.

DU XIAOYU
Registrar of Co-operative Societies,
Singapore.

 


FRIDAY, SEPTEMBER 23, 2022

First published in the Government Gazette, Electronic Edition, on 21 September 2022 at 5 pm.

No. 2571 –– CO-OPERATIVE SOCIETIES ACT 1979

APPOINTMENT OF LIQUIDATOR

It is hereby notified for general information that, in exercise of the powers conferred by section 83(5) of the Co-operative Societies Act 1979, the Registrar of Co-operative Societies has appointed Mr Lau Chin Huat and Mr Yeo Boon Keong of Technic Inter-Asia Pte Ltd to be the liquidators of Methodist Co-operative Society Limited.

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Hosea 11:9 - "I will not execute the fierceness of mine anger, I will not return to destroy Ephraim: for I am God, and not man; the Holy One in the midst of thee: and I will not enter into the city."

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