Lim scions seek bankruptcy after liquidation of failed oil empire …
WEB14 hours ago · Hin Leong founder Lim Oon Kuin, his son Evan Lim and daughter Lim Huey Ching have this week agreed to settle a $3.5bn civil case brought against them by the liquidators of their failed oil trading ...
O.K. Lim and 2 children agree to pay US$3.5b to Hin Leong …
WEB3 days ago · The High Court on Sept 30 also gave the green light to a consent judgment that the Lim family reached with HSBC Holdings, which had sued them and Lim Oon Kuin’s personal assistant Serene Seng ...
Ex-oil tycoon OK Lim and children to file for bankruptcy as ... - CNA
WEB3 days ago · SINGAPORE: Former oil tycoon Lim Oon Kuin, better known as OK Lim, and his two children have consented to a judgment of US$3.5 billion (S$4.5 billion) being entered against them.
Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
WEB3 days ago · The liquidators of Lim Oon Kuin’s collapsed oil trading empire are set to recover about $3.5 billion from the fallen tycoon and his children in order to end a Singapore civil lawsuit, according to people with knowledge of the matter. ... Bloomberg News earlier reported the planned agreements with the liquidators of Lim’s collapsed Hin Leong ...
Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
WEB3 days ago · (Bloomberg) -- Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending ...
'The Lim family must be held accountable': Liquidators seek …
WEBAug 10, 2023 · SINGAPORE: Liquidators on Thursday (Aug 10) opened their court case against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading, charging that the Lim family must be...
Former Top Singapore Oil Trader Hit With $3.5-Billion Lawsuit Bill
WEB3 days ago · Singapore’s former biggest oil trader Lim Oon Kuin and his heirs have received a bill for $3.5 billion to settle with the liquidators of Lim’s trading business, Bloomberg has reported, citing ...
Trial against Hin Leong Trading Founder and children draws to an …
WEB1 day ago · The 50-day trial involving Founder of Hin Leong Trading, Lim Oon Kuin, also known as O.K. Lim, and his two children approached its conclusion with the trio agreeing to pay USD 3.5 billion to the liquidators of the Singapore-based defunct oil trading company Hin Leong Trading, according to The Straits Times on Tuesday (1 October).. The High Court also approved a consent judgement that the Lim ...
Civil trial against Hin Leong founder O.K. Lim and his two children ...
WEBAug 11, 2023 · The liquidators of Hin Leong are seeking a court order to force Lim Oon Kuin (above), his son and his daughter to repay US$3.5 billion in alleged debt and US$90 million in dividends.
Lim family's global assets on radar after Singapore court move
WEBMay 24, 2021 · The Lim family has sold millions of dollars worth of assets in recent months, including a stake in a prized Singapore oil storage facility and dozens of ships worth millions owned by their Xihe...
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