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Hin Leong Group
Company in the news
Singapore’s OK Lim faces liquidators, banks in US$3.5 bil case
Hin Leong’s liquidators are PricewaterhouseCoopers LLP’s Chan Kheng Tek and GTP Advisory PAC’s Goh Thien Phong.
August 10, 2023
Company in the news
Hin Leong sues Deloitte over failure to detect irregularities in its books
A hearing is set for next week in the case.
June 10, 2021
Company in the news
Court caps expenses for Hin Leong's Lim family at $10,000 a week
Under the asset freeze, the Lims are not allowed to dispose of assets that include their properties in Singapore and Australia.
June 09, 2021
Company in the news
Lim Oon Kuin appeals US$20 mil court order
The appeal was made this month after the Lims paid the sum to Ocean Tankers Pte. Ltd.
May 24, 2021
Company in the news
High Court approves request to freeze US$3.5 bil of assets of Hin Leong's Lim family
Lim Oon Kuin and his family will be asked by lawyers to disclose their assets to the court in the next few days.
May 24, 2021
Company in the news
Jurong Port completes purchase of Lim family's stake in Universal Terminal
A port spokesman said Jurong Port had completed the purchase of a 41% stake in Universal Terminal.
March 22, 2021
Company in the news
Singapore court approves winding up of oil trader Hin Leong: sources
The decision marks the end of what was once one of Asia’s top oil traders.
March 09, 2021
Company in the news
Hin Leong founder OK Lim sells one third of ships to repay debt
It is expected the rest of the ships will be sold by late this year.
March 03, 2021
Company in the news
HSBC sues OK Lim and family, and Hin Leong employee to recover US$85.3 mil
The suit, which was filed on Oct 21 in the High Court, makes HSBC the first bank to take legal action against the Lims.
November 05, 2020
Company in the news
Standard Chartered hit by bad loans including Hin Leong
Hin Leong and the other exposures only represent some of the highest-profile loans that could cause trouble for banks as pressures from the pandemic ripple through the financial system.
April 27, 2020