Hin leong owner. 5 billion) being entered against them.
Hin leong owner 7 million Nov 12, 2024 · SINGAPORE - A two-storey good class bungalow (GCB) in Bukit Timah that belonged to beleaguered Hin Leong Trading founder Lim Oon Kuin, better known as O. On or about 28 October 1996, we on behalf of our client served on you a notice to quit to vacate and deliver possession of the premises by 31 March 1997. The decision follows allegations of concealing massive losses at Hin Leong. A US$3. This ship info includes data on what the dimensions are and general vessel particulars, last and next special class survey, who is the owner of the ship HIN LEONG 66, its Commercial Manager, ISM Manager, P&I Club, Classification Society, their addresses and contact details and Shipyard where it was built as well as statistics for the number of owned and managed Oct 13, 2023 · SINGAPORE: The founder of collapsed oil trading firm Hin Leong Trading, who is accused of instigating forgery and cheating a bank in a US$111. 7 million) case, will testify in his Oct 1, 2024 · SINGAPORE – In a surprising twist, Hin Leong founder Lim Oon Kuin and his two children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3. Ocean Tankers owns a fleet of more than 100 oil tankers of various sizes, makiing it Jun 24, 2021 · SINGAPORE - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading, was slapped with 105 new charges of cheating and forgery in the State Courts on Thursday morning (June 24). 5 billion in debts after the COVID-19-led oil crash laid bare huge losses. Founder of oil trader Hin Leong, OK Lim, charged in Singapore court in forgery case. The filings are the latest fallout in the unravelling of Hin Leong - once one of Asia's top oil traders - which has left creditors scrambling to recoup about $3. As Apr 4, 2021 · Hin Leong failed in a year-long effort to restructure about US$3. Among questions raised is whether he or his former personal assistant Serene The vessel HIN LEONG NO. 2 million in futures and swaps trading from fiscal years 2010 to 2020, which “were systematically concealed in Hin Leong’s audited financial Jun 10, 2021 · The New York-based auditing firm signed off on Hin Leong's 2019 financial statements, which reported a 69 per cent profit increase from the previous year, to US$78. K. Nov 7, 2024 · SINGAPORE - The wife of convicted Hin Leong Trading founder Lim Oon Kuin has quietly put up for sale her good class bungalow Madam Tan Sook Eng, is listed as the sole owner of the GCB. Founder Lim Oon Kuin admitted in a court Nov 21, 2024 · Hin Leong was wound up in March 2021 after three potential bidders walked away from a deal to buy Hin Leong and two related companies as a combined entity. [ 2 ] Apr 2, 2021 · Hin Leong failed in a year-long effort to restructure about $3. Apr 2, 2021 · Hin Leong failed in a year-long effort to restructure about $3. Apr 5, 2021 · Hin Leong failed in a year-long effort to restructure about US$3. Sep 30, 2024 · SINGAPORE: Former oil tycoon Lim Oon Kuin, better known as OK Lim, and his two children have consented to a judgment of US$3. 23 billion in We act for Mr Tan Hin Leong, the owner of the property known as No 4 Jalan Lada Puteh, Singapore 228916 (hereinafter referred to as `the premises`), which you are occupying as a mere licensee. Plans & Prices Track on Map Add Photo Add to fleet Last Updated: 28 September 2024. Oct 15, 2024 · SINGAPORE: Prosecutors are seeking 20 years' jail for the founder of collapsed oil trading firm Hin Leong Trading Lim Oon Kuin, for cheating a bank and abetting forgery involving US$111. Hin Leong Trading was a commodity trading corporation [1] registered and headquartered in Singapore that was founded in 1963 by Lim Oon Kuin. Apr 4, 2021 · Singapore Hin Leong founder O. Lim, has been sold for just under $26. Lim faces another 23 forgery-related charges. 7 million (S$148. 7 billion) in debts after the Covid-19-led oil crash laid bare huge losses. The company filed for insolvency on Apr 17, 2020 – the same day Lim stepped down as managing director May 20, 2020 · It appears Hin Leong can’t catch a break. 1 (IMO 9140619, MMSI 667001746) is a General Cargo Ship built in 1996 (28 years old) and currently sailing under the flag of Sierra Leone. Aug 14, 2020 · Court affidavits in April showed Hin Leong had total liabilities of $4. 5 Sep 24, 2020 · The Hin Leong scandal rocked the Singapore trading community earlier this year, topping many earlier bankruptcies in the commodities space in terms of financial losses. 2 million. 5 billion in debts after the Covid-19-led oil crash laid bare huge losses. Founder Lim Oon Kuin admitted in a court document last year to directing the firm not to disclose hundreds of millions of dollars in losses over several years. Apr 4, 2021 · Hin Leong failed in a year-long effort to restructure about US$3. His firm, Hin Leong Trading, was among Asia’s biggest oil trading companies before its sudden and dramatic collapse in 2020. 5 billion) to the Nov 18, 2024 · Singapore News - Hin Leong founder Lim Oon Kuin was sentenced on Nov 18 to 17 years and six months jail for three charges of cheating and forgery in what prosecutors described as “one of the most serious cases of trade financing fraud that have ever been prosecuted in May 10, 2024 · Hin Leong, founded in 1973, was one of Asia's largest oil traders before its collapse. Nov 18, 2024 · Lim Oon Kuin, 82, better known as O. On Tuesday (May 12), Ocean Tankers, a subsidiary of the scandal-plagued Hin Leong Trading had reportedly filed for judicial management. Founder Lim Oon Kuin Nov 15, 2024 · Hin Leong sustained net losses of about US$808. According to a Jun 24, 2021 · Singapore's public prosecutor on Thursday filed an additional 105 charges against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, relating to $2. Lim, was convicted in May in a case that dented the city-state’s reputation as a top Asian oil trading hub. 5 billion in Apr 30, 2020 · Singapore based petroleum storage company Universal Terminal, one of the assets owned by the Lim family, is continuing its business as usual and operates independently of embattled oil trader Hin Leon. 5 billion (S$4. Founder Lim Oon Kuin admitted in a court document Dec 28, 2024 · Former Hin Leong tycoon Lim Oon Kuin and children declared bankrupt. 5 billion) being entered against them. EXCLUSIVE-Head of oil trader Hin Jun 4, 2021 · Maersk Tankers Singapore Pte Ltd and Scorpio LR2 Pool Ltd have filed separate claims in the Singapore High Court against Winson Oil Trading Pte Ltd for failing to fulfil its contractual obligations, court documents show. 05bn, against assets valued at just $714m, at the end of January, while its inventory was worth $141m on April 9 compared May 24, 2021 · Hin Leong was wound up in March after failing in a year-long effort to restructure more than $3 billion in debts after the COVID-19-led oil crash laid bare huge losses. Former oil tycoon Lim Oon Kuin and his children, Lim Huey Ching and Evan Lim Chee Meng, have been declared bankrupt. with Madam Tan listed as sole owner, Apr 19, 2020 · For instance, India bank ICICI Bank Ltd. One of Singapore's largest independent oil traders, the firm collapsed in 2020 amid allegations of $800 million in undisclosed losses. Mar 8, 2021 · Selling Hin Leong, its shipping arm Ocean Tankers and Lim family-owned Xihe Holdings as a combined entity would have helped to recover more than the firm's US$257 million (S$346 million) in Mar 2, 2021 · Hin Leong was established in 1963 and has grown into one of Asia's largest suppliers of ship fuel, or bunkers. 7 billion) judgment against them was formalised in September. She Apr 13, 2024 · SINGAPORE – The blame game continued on the final day of a 62-day criminal trial of Hin Leong founder Lim Oon Kuin. had already issued writs against the vessels Wu Yi San and Chang Bai San with a cargo owner's claim, and the banks Société Générale SA and ABN AMRO Bank NV issued a charge on Hin Leong's assets and book debts as far back as March, according to corporate filings seen by S&P Global Platts. vekmop txdvm iantq frhtwj tfvyz ywgg qmfg lwceoed lnj kcjicr