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Asia PacificLim family's global assets on radar after Singapore court move Anshuman DagaJessica Jaganathan 4 minute read Founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, Lim Oon Kuin, better known as O.K. Lim, arrives at the State Courts in Singapore April 30, 2021. REUTERS/Edgar Su A Singapore court has approved a freeze on up to $3.5 billion of assets of the family behind collapsed Hin Leong Trading Pte Ltd, boosting the prospect of debt recovery from the former oil trading empire that counts some of the world's biggest banks among its creditors. Hin Leong was wound up in M...

Singapore freezes US$3.5bn of global Lim family assets Bloomberg Singapore’s High Court approved a request to freeze as much as US$3.5 billion of assets worldwide belonging to the founding family of collapsed oil trader Hin Leong Trading Pte Ltd (興隆貿易) in a move that might be one of the biggest such injunctions in the city-state’s history. Lim Oon Kuin (林恩強) and his family are to be asked by lawyers representing liquidator Goh Thien Phong (吳天芳) to disclose their assets to the court in the next few days, according to an e-mail seen by Bloomberg News that was sent to cre...

A Singapore court has approved a freeze on up to $3.5 billion of assets of the family behind collapsed Hin Leong Trading Pte Ltd…

Image courtesy of Joy Tours The Silk Road was one of the most important arteries of trade and culture in world history, playing a vital role in the cultural exchange between the East and West. As the artery of the China Silk Road, the old Xihe Corridor is a not-to-miss place for any culture-seeker to Northwest China. This tour takes in Zhangye, Jiayuguan and Dunhuang, with the Huang River, Confucius Temple, The Rainbow Mountains and Mogo Grottoes. A true exploration of the splendid cultural relics and natural landscapes.

Image courtesy of Joy Tours The Silk Road was one of the most important arteries of trade and culture in world history, playing a vital role in the cultural exchange between the East and West. As the artery of the China Silk Road, the old Xihe Corridor is the not-to-miss place for any culture-seeker to Northwest China. This tour takes in Zhangye, Jiayuguan and Dunhuang, with the Huanghe River, Confucius Temple, The Rainbow Mountains and Mogo Grottoes. A true exploration of the splendid cultural relics and natural landscapes.