Alpha Financial Technology enters provisional liquidation as creditors' meeting is set

Alpha Financial Technology Services (Singapore) Pte. Ltd. (Co. Reg. No. 201215246R) is in provisional liquidation after a director declared that the company cannot by reason of its liabilities continue its business. Ng Hoe Kiat Keith has been appointed provisional liquidator with effect from 16 September 2026, and a meeting of the company’s creditors has been summoned for 6 October 2026. The notices were first published in the Government Gazette on 21 September 2026 at 5 pm.

The filings rest on the Insolvency, Restructuring and Dissolution Act 2018 (IRDA), the statute governing winding up and creditors’ meetings in Singapore. The declaration was sworn on 16 September 2026 by director Foley Matthew Timothy before Ram Chandra Randhir, Commissioner for Oaths, under the Oaths and Declarations Act 2000. It records that meetings of the company and of its creditors were summoned for a date within one month of the declaration.

Appointment of the provisional liquidator

The notice of appointment states that, following the statutory declaration, Ng Hoe Kiat Keith was appointed provisional liquidator of the company with effect from 16 September 2026. His address of record is 7500A Beach Road, #05-303/304 The Plaza, Singapore 199591. The notice is dated 16 September 2026 and signed by the provisional liquidator himself.

Creditors’ meeting on 6 October

Pursuant to Section 166 of the IRDA, the creditors’ meeting will be held by electronic means on 6 October 2026 at 5.00 p.m. The stated purposes are:

• receiving a copy of the company’s Statement of Affairs together with a list of creditors and the estimated amounts of their claims;
• confirming the appointment of the liquidator nominated by the company, or nominating another person or persons as liquidator for the purpose of winding up the affairs of the company;
• appointing a Committee of Inspection of not more than 5 members, if thought fit, and nominating its members;
• any other business.

The meeting notice is issued by order of the board and signed by director Michelle Lynn Eischeid-Gabidullin, dated 16 September 2026.

Proxies and venue requests

A creditor entitled to attend and vote may appoint a proxy to attend by electronic means and vote in his stead. The instrument of proxy must be in writing under the hand of the appointer — or, for a corporation, under seal or under the hand of a duly authorised official or attorney — and must be emailed to liquidators@relianceaudit.com.sg or posted to the company care of 7500A Beach Road, #05-303/304 The Plaza, Singapore 199591, not later than 4.00 p.m. the day before the meeting. Under Section 445 of the IRDA, creditors holding at least 10% in value of the total creditors’ claims who require a place for the meeting to be specified must notify the proposed liquidator’s office by email by 21 September 2026.

The notices place creditors and counterparties of the fintech firm on formal notice that its affairs are now under an insolvency process. Control of the winding up passes to the creditors’ meeting, where the statement of affairs and claims will be tabled and a liquidator and committee confirmed, so affected parties should lodge proxies before the deadline and scrutinise the declared liabilities.

Source: Republic of Singapore Government Gazette, 25 September 2026 (first published 21 September 2026), Advertisements, (official reference: 26adv6927a, 26adv6927b, 26adv6927c).