Lim Oon Kuin, founder of oil trader Hin Leong Trading. - ST FILE
SINGAPORE (Bloomberg): Hin Leong Trading, under judicial managers from PricewaterhouseCoopers (PwC), has made an application to freeze assets, shares and funds held by its founder Lim Oon Kuin and his two children as efforts to recoup US$3.5 billion of debt from the collapsed oil trader continue.
PwC is seeking to block the sale of any private properties and removal of assets from the city state, among other measures, court filings show.
The application was motivated by a real risk of asset dissipation, even as its judicial managers made progress with the sale of assets such as Universal Terminal.
7:38 PM MYT
SINGAPORE (The Straits Times/ANN): A Singaporean doctor, who transferred US$11.55 million (S$15.23 million) to a bank account in Romania over two months to fund his online trading activities, sued various parties to get the money back after the account was frozen by local authorities for suspected money laundering.
In his suit filed in the Singapore High Court, Dr Christopher Chen Yun Hian accused six defendants of conspiring to defraud him by manipulating his trading activities and misleading him into investing huge sums of money on a bogus trading platform.
But, in a written decision last Thursday (Dec 31), Judicial Commissioner Mavis Chionh found that Dr Chen s story about a conspiracy to defraud him was cooked up in a desperate attempt to recoup his losses .
The latest notable campaign was for the popular mobile game Genshin Impact launched in September. - BERITA HARIAN
SINGAPORE (The Straits Times/ANN): The mobile gaming market in Singapore is now so lucrative that companies appear to be buying more public outdoor advertisements for them. Such ads were uncommon a decade ago.
This comes even as concerns rise over gambling-like elements called loot boxes commonly found in these advertised games.
The latest notable campaign was for the popular mobile game Genshin Impact launched in September. Large murals were seen on the walls of the linkway between the North East Line and Circle Line platforms at Serangoon interchange, as well as at Dhoby Ghaut and Jurong East MRT stations.
J-pop idol Tsuyoshi Kusanagi announced through his agency that he had registered his marriage on Dec 30. Photo: Tsuyoshi Kusanagi/Twitter
J-pop idol Tsuyoshi Kusanagi, a member of the now defunct boy band Smap, is officially married, the second member of the popular boy band to tie the knot.
Kusanagi, 46, announced through his agency on Wednesday (Dec 30) that he had registered his marriage that day.
The agency said he will not disclose the identity of his wife as she is not from the entertainment industry, and added that she is not pregnant.
Kusanagi s big day fell on the same day as his pet dog Kurumi s fourth birthday.