Hin leong family. Hin Leong was wound up in March after May 24, 2021 · A Singapore court has approved a freeze on up to $3. Sep 30, 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. 5 billion of assets of the family behind collapsed Hin Leong Trading, boosting the prospect of debt recovery from the former oil trading empire that counts some of the world's biggest banks among its creditors. 5 May 25, 2021 · A Singapore court has approved a freeze on up to $3. Hin Leong sustained net losses of about US$808. Last month, judicial managers filed to wind up Hin Leong, nearly a year after what was once one of Asia’s top oil traders racked up some US$4 billion in debt and entered court restructuring. May 22, 2021 · SINGAPORE - The judicial managers (JMs) of insolvent Hin Leong Trading have scored a legal victory in the High Court to freeze the Lim family's assets worldwide in their bid to recoup US$3. The judgment was reached as Lim and his children, Lim Huey Ching and Evan Lim Chee Meng, announced their intention to file for bankruptcy due to insufficient assets. Aug 10, 2023 · The liquidators also alleged that the Lim family had breached their fiduciary duties as directors and engaged in fraudulent trading. Lim, said it was “not very correct” to describe his two children as the most senior people in the company after him in Dec 30, 2024 · In September, he and his children agreed to pay S$4. gfxvl pxt bxup vnpxg irsx acjqgg qmt efpocc olex kydkyhaq