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Hin Leong Trading
Company in the news
Singapore oil tycoon OK Lim sentenced to 17.5 years jail
The 82-year-old founder of Hin Leong Trading Pte., who has appeared for court hearings in a wheelchair, faced three out of more than 100 charges initially presented.
10 days ago
Company in the news
Singapore seeks to jail OK Lim for 20 years for cheating HSBC
The sentence is the latest development in the dramatic downfall of the founder of now-defunct oil company Hin Leong Trading.
October 15, 2024
Company in the news
Hin Leong Trading's OK Lim faces 23 more forgery-related charges
The next hearing will be at 8am on June 24.
April 30, 2021
Company in the news
OK Lim and family face asset claims from Hin Leong creditors
At least a dozen creditors are going after the personal assets of OK Lim and his family.
April 05, 2021
Company in the news
Hin Leong's judicial managers seek to freeze OK Lim's assets
The application to the High Court of Singapore was filed early last month.
January 06, 2021
Oil & Gas
Wrong-way bet on Covid is changing the oil-trading industry forever
Hin Leong Trading triggered one of the biggest scandals in the oil industry this century.
December 31, 2020
Oil & Gas
Jurong Port in advanced talks to buy stake in Hin Leong family-owned petroleum storage hub
The deal is for the roughly 40% stake in Universal Terminal held by the Lim family, according to people close to the matter.
December 16, 2020
Oil & Gas
Bank of China sues Hin Leong's Lim family, BP for US$313 mil on oil deals
The Chinese bank requested that BP repay US$125.7 million($168.0 million) that it withdrew from the lender earlier this year.
December 14, 2020
Company in the news
Hin Leong's OK Lim denies HSBC's forgery claim
An HSBC spokesman declined to comment.
November 26, 2020