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Hin Leong Trading was a commodity trading corporation [1] registered and headquartered in Singapore that was founded in 1963 by Lim Oon Kuin. One of Singapore's largest independent oil traders, the firm collapsed in 2020 amid allegations of $800 million in undisclosed losses. [ 2 ]
The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block creditor OCBC's request to appoint overseers for the family's Xihe Holdings and four other ...
The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block a request from creditor OCBC that overseers be appointed for Xihe Holdings and four of the ...
Stung by the collapse of Asia's top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading, which has left creditors on ...
The corporate debt bubble is the large increase in corporate bonds, excluding that of financial institutions, following the financial crisis of 2007–08.Global corporate debt rose from 84% of gross world product in 2009 to 92% in 2019, or about $72 trillion.
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. [1] Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public.
Singapore oil trader Hin Leong Trading (Pte) Ltd, which has begun talks with lenders to extend its credit facilities, owes $3.85 billion to 23 banks, two industry sources said on Thursday. The ...
15–16 June: Fifty-year-old Leong Siew Chor murdered his lover, 22-year-old Chinese national Liu Hong Mei, dismembered her and dumped the pieces in several places throughout Singapore, including the Kallang River. He stole her credit card and withdrew S$2,000 from her bank account after having sex with her. Leong was arrested on 17 June.