Hin leong trading scandal
Web6 ott 2024 · Italy's UniCredit SpA CRDI.MI has sued Hin Leong and Glencore GLEN.L over a letter of credit, one of several the Singapore oil trader sought from lenders for oil … Web19 apr 2024 · SINGAPORE (Reuters) - The founder and director of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of …
Hin leong trading scandal
Did you know?
Web10 apr 2024 · Kulgod, 29, of Plainsboro, was sentenced to four years in state prison after he was found guilty of second-degree vehicular homicide in 2024 of speeding more than 85 mph on Millstone River Road in Hillsborough before a collision in which Nancy Louie, 50, of Hillsborough, died on the morning of Jan. 4, 2015. Kulgod was originally sentenced by ... Web19 apr 2024 · Hin Leong hid about $800 million in losses racked up in futures trading on the orders of its founder Lim Oon Kuin, suggesting a much bigger hole in the company’s …
Web11 apr 2024 · (Bloomberg) -- Singapore businessman Lim Oon Kuin is on trial Tuesday for three charges related to cheating and forgery, after his collapsed oil firm Hin Leong Trading Pte. owed about $3.5 billion ... Web5 apr 2024 · Apr 5, 2024, 7:20 AM SGT. SINGAPORE (REUTERS) - Stung by the collapse of Asia's top independent oil trading firm, some global banks have teamed up to seek …
Web20 dic 2024 · Back in April, Reuters reported that fabled Singapore oil trading firm, Hin Leong Trading (Pte) Ltd, had systematically cooked its books in a bid to hide US$800 … Web24 giu 2024 · Hin Leong, one of Asia's largest oil traders, was wound up in March after failing to restructure some $4 billion in debt following a crash in the oil price during the …
Web24 apr 2024 · The Singapore police this week launched an investigation into Hin Leong after founder Lim Oon Kuin said he had directed the company’s finance department not to disclose $800m of losses...
Web21 apr 2024 · 21 Apr 2024 07:55PM (Updated: 22 Apr 2024 06:16AM) SINGAPORE: The Singapore police have begun investigating Hin Leong Trading after the home-grown oil trader filed for bankruptcy protection amid a ... birthday gifts for brother in pakistanWeb24 giu 2024 · The founder of Hin Leong Trading has been hit with more than 100 new charges, increasing pressure on the Singapore tycoon at the centre of an oil dealing … dan murphy\u0027s christmas packsWeb30 apr 2024 · Owned by Lim and his children Evan Lim and Lim Huey Ching, Hin Leong, set up in 1973, was once one of Asia's top oil traders. But it failed in a year-long effort to restructure debt of about... birthday gifts for brother onlineWeb2 ott 2024 · Hin Leong’s bankruptcy filing, on April 17, marked one of the world’s largest collapses of an oil trading firm. The story of the Singaporean company and its founder, Oon Kuin Lim, is inextricably linked with the history of the petroleum trade in … birthday gifts for buddhistsWeb9 mar 2024 · Hin Leong Trading (HLT) totters on liquidity crunch after oil's historic crash caused by the pandemic and a price war between oil giants. April 2024: Company founder OK Lim files for six-month debt moratorium to give HLT "breathing space" to work out some US$4b of debt owed to over 20 banks. dan murphy\u0027s chermside westfieldWeb24 giu 2024 · June 24, 2024 6:08 am ET. Text. A distressed energy-trading company overstated its assets by more than $3 billion using “routine and pervasive” forgery, while its founder oversaw years of ... birthday gifts for bts fansWeb20 apr 2024 · Singapore oil trader Hin Leong Trading hid about US$800 million in losses racked up in futures trading, suggesting a much bigger hole in its finances than thought. dan murphy\u0027s christmas gifts