Hin Leong

With Lim’s oil empire now submerged in debt, the sale is not surprising. Understandably, there is interest over what other assets Lim owns.

Why did Hin Leong collapse?

Hin Leong Trading, an unlisted oil trading company that last reported a turnover of US$20 billion ($28.5 bil-lion), has had its credit lines from the banks frozen. According to an affidavit dated April 17 by Lim Chee Meng, whose fath

With Hin Leong owing $3.85 billion to 23 banks, a deal with Sinopec could help rebalance the firm's balance sheets.

Banks are deened well capitalised and diversified in their exposures to these sectors

Maritime Port Authority invited bids for new bunker suppliers in December last year.Two new suppliers have received their licenses

The lenders to privately-held Hin Leong Trading (Pte.) Ltd. won’t issue new letters of credit to the company