News

1 April 2024

Via Co-operative’s website
(https://www.methodistcoop.org.sg/latest-news)


To the Members of Methodist Co-operative Society Limited

Dear Sir / Madam

Methodist Co-operative Society Limited (In Liquidation) (the “Co-operative”)

Distribution of the First and Final dividend for FY 2019/2020 (“Current Year Dividend”), any unclaimed dividend for prior years (“Unclaimed Dividends”), and Refund of Members’ Share Capital

We refer to the above matter and our letters dated 18 September 2023, 14 July 2023, 12 April 2023, 1 March 2023 and 16 December 2022. A copy of our most recent letter dated 18 September 2023 is enclosed for your reference.

To date, you have yet to provide confirmation of your particulars to the Liquidators.

Please contact us by 30 June 2024 to ensure the orderly distribution of the Current Year Dividend, any Unclaimed Dividends, and refund of the Co-operative's Share Capital to you, failing which the Liquidators will be taking steps towards the cancellation of the Co-operative’s registration including handing over any unclaimed moneys to the Registrar.

For the latest updates and developments, please refer to announcements which will be made on https://www.methodistcoop.org.sg/latest-news periodically.

Should you require any clarification, please contact Ms Lim Si Ting / Mr Anthony Lum at This email address is being protected from spambots. You need JavaScript enabled to view it..


Yours faithfully

For and on behalf of
Methodist Co-operative Society Limited (In Liquidation)
Yeo Boon Keong
Joint and Several Liquidator

Enclosure 

IN THE MATTER OF
THE CO-OPERATIVE SOCIETIES ACT (CHAPTER 62)

AND
IN THE MATTER OF
METHODIST CO-OPERATIVE SOCIETY LIMITED

(IN LIQUIDATION)
(UEN: S95CS0216K)

REMINDER NOTICE TO MEMBERS

NOTICE IS HEREBY GIVEN THAT the members of the above-mentioned Co-operative, which is being voluntarily dissolved, had been notified on 18 September 2023 regarding the distribution of the first and final dividend for FY 2019/2020 (“Current Year Dividend”), any unclaimed dividend for prior years (“Unclaimed Dividends”) and refund of members’ Share Capital.

On 8 November 2023, the "Notice to Members" was published by the Joint and Several Liquidators in both the Government Gazette and The Straits Times.

Members of the Co-operative who have yet to provide confirmation of their particulars to the undermentioned Liquidators are to contact us at Technic Inter-Asia Pte Ltd c/o 50 Havelock Road #02-767, Singapore 160050 by 30 June 2024 to ensure the orderly distribution of the Current Year Dividend, any Unclaimed Dividend, and refund of the Co-operative's Share Capital to them, failing which the Liquidators will be taking steps towards the cancellation of the Co-operative’s registration including handing over any unclaimed moneys to the Registrar.

For the latest updates and developments, please refer to announcements which will be made on https://www.methodistcoop.org.sg/latest-news periodically.

Dated this 1st day of April 2024

Lau Chin Huat
Yeo Boon Keong
Joint and Several Liquidators

50 Havelock Road #02-767 Singapore 160050
Tel: 6561 0398 Fax: 6222 1855 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

2. Technic CH57376Reminder Logo extract

Click to read notice in Chinese....

18 September 2023

Via Co-operative’s website
(https://www.methodistcoop.org.sg/latest-news)

To the Members of Methodist Co-operative Society Limited

Dear Sir / Madam

Methodist Co-operative Society Limited (In Liquidation) (the “Co-operative”)
Distribution of the First and Final dividend for FY 2019/2020 (“Current Year Dividend”) and Refund of Share Capital.

We refer to the above matter and our letters dated 14 July 2023, 12 April 2023, 1 March 2023 and 16 December 2022.

As you would be aware from our 1st letter dated 16 December 2022, the Co-operative has been voluntarily dissolved by Members’ decision taken at an Extra-Ordinary General Meeting of the Co-operative held on 31 August 2022 and Mr Lau Chin Huat and Mr. Yeo Boon Keong, both of Technic Inter-Asia Pte Ltd, have been appointed Liquidators of the Co-operative on 20 September 2022 (the “Liquidators”).

As all the affairs pertaining to the Co-operative’s liquidation has been settled, the Liquidators wish to provide Members with further updates:

14 July 2023


To the Members of Methodist Co-operative Society Limited


Dear Sir / Madam

Methodist Co-operative Society Limited (In Liquidation) (the “Co-operative”)

We refer to the above matter and our letters dated 12 April 2023, 1 March 2023 and 16 December 2022.

Subject to approval from the Ministry of Culture, Community and Youth, the Liquidators anticipate declaring a first and final dividend and returning the share capital in September 2023.

To date, we noted that some members of the Co-operative have yet to provide confirmation of their particulars to the Liquidators.

In order to ensure the orderly distribution of the final dividend and refund of the Co-operative's share capital to you, the Liquidators will be grateful if you could provide the following immediately:

  • Copy of your Membership card bearing the Membership number, if any
  • Letter from the Co-operative confirming number of shares, if any
  • Past dividend letter from the Co-operative, if any
  • Redacted bank statement showing past dividend payout, if any
  • Redacted bank statement showing your account name and account number (for crediting of the refund of the Co-operative’s share capital and/or dividend)

Please ignore this letter if you have already submitted your particulars to us. Thank you for your prompt response.

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