Hin Leong Group

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Jurong Port completes purchase of Lim family's stake in Universal Terminal

Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading, a port

Hin Leong

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Singapore court approves winding up of oil trader Hin Leong: sources

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 sourc

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Hin Leong founder OK Lim sells one third of ships to repay debt

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

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HSBC sues OK Lim and family, and Hin Leong employee to recover US$85.3 mil

HSBC Holdings is suing Hin Leong founder Lim Oon Kuin, his two children, and a manager of Hin Leong’s corporate affairs department, Serene Seng Hui Choo, in a bid to recover the US$85.3 million ($1

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Standard Chartered hit by bad loans including Hin Leong

(Apr 27): Problem loans at some of Standard Chartered Plc’s large clients may top $600 million as a string of corporate scandals coincides with woes at firms hit by the


Oil trader Hin Leong set to hand over management from founding family to PwC

(Apr 22): Tycoon OK Lim and his family are set to hand over management of the company founded in 1963 to PricewaterhouseCoopers LLP, deepening the demise of an empire Lim built into one of Singapor


Singapore oil trader Hin Leong failed to declare losses of US$800 mil

SINGAPORE (Apr 19): The son of the legendary founder of Hin Leong said the Singapore oil trader hid about US$800 million ($1.1 billion) in losses racked up in futures trading, suggesting a much big

Ocean Bunkering Services expands its Singapore bunker fleet

SINGAPORE (Dec 29): Ocean Bunkering Services (OBS) said it will add five bunker barges to its fleet as part of plans to expand in Singapore, the world's largest marine refuelling market.