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Hin Leong s judicial managers win bid to freeze Lim family s global assets | Hellenic Shipping News Worldwide

Hin Leong s judicial managers win bid to freeze Lim family s global assets | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Singapore generalPricewaterhousecoopers pwChee mengHuey chingChan kheng tekGoh thien phongXihe holdingsHigh courtXihe groupJurong portHin leong tradingSunday timesSenior counsel cavinder bullHin leongLim oon kuinEvan lim chee meng

Hin Leong founder O K Lim a no-show in Singapore court for third time to face 23 new charges

The 79-year-old former oil tycoon has been diagnosed with acute and chronic sinusitis, which will require surgery. - Reuters SINGAPORE (The Straits Times/ANN): Hin Leong Trading founder Lim Oon Kuin did not show up in State Courts on Thursday morning (April 29) to face 23 new charges of forgery-related offences as he had obtained a medical certificate stating he was unfit to attend court. As a result, Lim could not be tendered the new charges for a third time on account of his health issues. The 79-year-old former oil tycoon - better known as O.K. Lim - was deemed unfit to attend court by his doctor as he has been diagnosed with acute and chronic sinusitis, which will require surgery.

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Hin Leong Trading to be formally shut down

March 09, 2021 Hin Leong collapsed in 2020 after a default exposed years of hidden losses and alleged fraud by founder Lim Oon Kuin. Reuters and The Straits Times file SINGAPORE - The High Court has given the green light for the winding up of Hin Leong Trading, marking the end of the road for the collapsed oil trading giant after nearly a year of restructuring. In a hearing on Monday morning (March 8) before High Court Justice Kannan Ramesh, judicial managers Goh Thien Phong and Chan Kheng Tek of PricewaterhouseCoopers (PwC) Advisory Services were appointed liquidators of Hin Leong. They had applied for Hin Leong to be wound up after three potential bidders walked away from a deal to buy Hin Leong and two related companies as a combined entity.

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Hin Leong Trading, once one of Asia s top oil traders, to be wound up

Hin Leong Trading, once one of Asia s top oil traders, to be wound up
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.

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One-third of Hin Leong founder O K Lim s 150 ships sold to repay debt: Sources

Judicial managers have filed to wind up the oil trader after it racked up some $4 billion in debt.. Read more at straitstimes.com.

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