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Third of Hin Leong founder's ships sold to repay debt: Sources Toggle share menu Advertisement Third of Hin Leong founder's ships sold to repay debt: Sources FILE PHOTO: O K Lim, founder and chairman of oil trading group Hin Leong, speaks during an interview with Reuters in Singapore on Jun 5, 2013. (Reuters/Edgar Su) 02 Mar 2021 09:43AM (Updated: 02 Mar 2021 09:50AM) Share this content Bookmark SINGAPORE: About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of efforts...

Twelve Cupcakes to be unionised after FDAWU wins secret ballot Details Published: 01 March 2021 "This resounding victory reaffirms the workers’ desire for the union to improve their welfare and work prospects," said Tan Hock Soon, General Secretary, FDAWU. Singapore's Food, Drinks and Allied Workers Union (FDAWU) has successfully unionised Twelve Cupcakes after winning majority votes from workers in a secret ballot administered by the Ministry of Manpower.  "This resounding victory reaffirms the workers’ desire for the union to improve their welfare and w...

Grant Thornton, court-appointed supervisor of Xihe Holdings, put up several vessels for sale through shipbrokers in September last year.

* Bunker barges sold at $2 mln to $3 mln * Greek ship owners among buyers SINGAPORE, March 1 (Reuters) - About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of efforts to repay billions of dollars of debt owed to creditors, two sources told Reuters. Accounting firm Grant Thornton, court-appointed supervisor of Xihe Holdings, put up several vessels for sale through shipbrokers in September last year. Xihe Holdings is owned by the Lim family and held the bulk of their fleet. The rest of the ships are major...

© Phillippe Guichot / MarineTraffic.com About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of efforts to repay billions of dollars of debt owed to creditors, two sources told Reuters. Accounting firm Grant Thornton, court-appointed supervisor of Xihe Holdings, put up several vessels for sale through shipbrokers in September last year. Xihe Holdings is owned by the Lim family and held the bulk of their fleet. The rest of the ships are majority-owned by Xihe Capital - currently under liquidation accordin...