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Covid-19, oil price collapse to hit banks’ earnings as HSBC’s results show

SINGAPORE (May 4): When Hin Leong Trading filed for court protection on April 17, it emerged, in affidavits by its own-er Lim Oon Kuin and his son Lim Chee Meng, that the local oil trader owed 23 banks a total of US$3.85 billion ($5.45 billion).

April 30, 2020

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