1. Board Resolution Date: July 6, 2026 (115/07/06)

2. Reason for Dissolution: Shinfox Far East Company Pte. Ltd. currently holds assets far insufficient to settle its debts and is facing claims from creditors. Considering the significant financial impact on the overall structure, Senwei Energy has determined it is unable to support continued operations. On July 6, 2026, the SFE Board of Directors convened and formally resolved to proceed with 'Creditors' Voluntary Liquidation' in accordance with Singaporean laws and regulations. Deloitte Singapore has been appointed as the liquidator, officially commencing the liquidation process.

3. Tentative Shareholders' Meeting Date: August 4, 2026 (115/08/04)

4. Other Matters to be Disclosed: None

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: Shinfox Far East Company Pte. Ltd. / Deloitte Singapore
  • Dates in source: 115/07/06 / 115/08/04