Page 9 - ஹின் லியோங் வர்த்தக ட் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Singapore s Jurong Port completes purchase of Lim family s stake in Universal Terminal
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UPDATE 1-Singapore s Jurong Port completes purchase of Lim family s stake in Universal Terminal
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Singapore court approves winding up of oil trader Hin Leong: sources | Hellenic Shipping News Worldwide
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Singapore court approves winding up of oil trader Hin Leong-sources Selasa, 09 Maret 2021 / 07:45 WIB Sumber:
KONTAN.CO.ID -
SINGAPORE. Singapore s High Court on Monday approved an application to wind up collapsed oil trading firm Hin Leong Trading Pte Ltd, marking the end of what was once one of Asia s top oil traders, three sources familiar with the matter said.
Hin Leong, owned by Singaporean tycoon Lim Oon Kuin and his children, racked up some $4 billion in debt and entered court restructuring nearly a year ago.
The company had been seeking to restructure its debts after the oil price crash last year when Lim admitted in a court document to directing the firm not to disclose hundreds of millions of dollars in losses over several years.