Hin Leong Judicial Managers Make Winding-Up Application
by Ship & Bunker News Team
Monday February 22, 2021 The judicial managers of
Hin Leong Trading have filed an application for the company to be wound up.
Goh Thien Phong and
PricewaterhouseCoopers made the application, according to a notice published in Singapore s Government Gazette on Friday. High Court on Legal cases against Hin Leong founder
OK Lim and his family over alleged fraud at his company are still progressing through the courts. Its marine fuels unit,
Ocean Bunkering, is being wound up. The firm was listed in recent years as one of Singapore s largest bunker suppliers by volume.
THE Singapore High Court on Thursday granted a three-month extension on the judicial management order to restructure Singapore's troubled oil trader Hin Leong Trading (HLT), subject to certain conditions, sources said. Read more at The Business Times.
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