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More charges filed against Hin Leong founder OK Lim


More charges filed against Hin Leong founder OK Lim
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More charges filed against Hin Leong founder OK Lim
Hin Leong Trading s founder Lim Oon Kuin arrives at the State Courts, in Singapore on Apr 30, 2021. (Photo: REUTERS/Edgar Su)
30 Apr 2021 10:52AM
(Updated:
30 Apr 2021 11:24AM)
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SINGAPORE: Another 23 charges were filed in court on Friday (Apr 30) against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading.
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Lim turned up in court on Friday after three previous attempts by the prosecution to get him to appear in court for the additional charges to be read out to him. ....

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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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Singapore: Hin Leong's judicial managers seek to freeze O.K. Lim family's assets


Lim Oon Kuin, founder of oil trader Hin Leong Trading. - ST FILE
SINGAPORE (Bloomberg): Hin Leong Trading, under judicial managers from PricewaterhouseCoopers (PwC), has made an application to freeze assets, shares and funds held by its founder Lim Oon Kuin and his two children as efforts to recoup US$3.5 billion of debt from the collapsed oil trader continue.
PwC is seeking to block the sale of any private properties and removal of assets from the city state, among other measures, court filings show.
The application was motivated by a real risk of asset dissipation, even as its judicial managers made progress with the sale of assets such as Universal Terminal. ....

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