04 AUGUST 2010

Redirection of dividends

A number of creditors have expressed a desire to redirect dividends paid out of the liquidation to a third party. With a redirection, the original creditor remains as the creditor, however the dividends are paid to another party under their direction. This is a straightforward process and redirections can be made using the attached form.

PDF KSF Redirection Form

Please note that we must receive an original form - we will not act on faxed or scanned copies.

DCS claimants should note that the Scheme Manager has indicated that he will not process redirections. Further details can be found at www.dcs.im.


The best way to make contact is to write to the bank or email branch@singers.co.im. If you need to telephone the bank, please use the main switchboard number +44 1624 699222.


Mike Simpson

Joint Liquidator