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Hin Leong Trading
Company in the news
Hin Leong Trading's OK Lim faces 23 more forgery-related charges
The next hearing will be at 8am on June 24.
April 30, 2021
Company in the news
OK Lim and family face asset claims from Hin Leong creditors
At least a dozen creditors are going after the personal assets of OK Lim and his family.
April 05, 2021
Company in the news
Hin Leong's judicial managers seek to freeze OK Lim's assets
The application to the High Court of Singapore was filed early last month.
January 06, 2021
Oil & Gas
Wrong-way bet on Covid is changing the oil-trading industry forever
Hin Leong Trading triggered one of the biggest scandals in the oil industry this century.
December 31, 2020
Oil & Gas
Jurong Port in advanced talks to buy stake in Hin Leong family-owned petroleum storage hub
The deal is for the roughly 40% stake in Universal Terminal held by the Lim family, according to people close to the matter.
December 16, 2020
Oil & Gas
Bank of China sues Hin Leong's Lim family, BP for US$313 mil on oil deals
The Chinese bank requested that BP repay US$125.7 million($168.0 million) that it withdrew from the lender earlier this year.
December 14, 2020
Company in the news
Hin Leong's OK Lim denies HSBC's forgery claim
An HSBC spokesman declined to comment.
November 26, 2020
Oil & Gas
Banks affected by Hin Leong hit snag to tap $2 bil in Lim assets
The impasse signals that the banks, which also include Singapore’s DBS Group Holdings Ltd., may face a long battle to recover any money from the insolvent firm.
September 02, 2020
Company in the news
Hin Leong founder OK Lim and children sued by PricewaterhouseCoopers for US$3.5 bil
Pricewaterhouse Coopers Advisory Services (PwC), which is the judicial manager of Hin Leong Trading, has sued Hin Leong founder Lim Oon Kuin (also known as OK Lim) and his two children.
September 01, 2020