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Singapore oil trader OK Lim’s luxury bungalow sold below guide price
The GCB fetched just under $26.5 million, 12% below the $30 million guide price.
November 23, 2023
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's OK Lim slapped with 105 new charges; court bail raised to $4 mil
Hin Leong previously sued Deloitte & Touche for the firm’s failure to detect “serious irregularities” in its financial statements.
June 24, 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
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
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