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/ 03/10/2024

Lim family to file for bankruptcy after $3.5bn settlement in Hin Leong liquidation case

Lim Oon Kuin, the founder of the defunct Singapore oil trader Hin Leong, and his two children have agreed to pay about $3.5bn (S$4.5bn) to the liquidators of the company and top creditor HSBC. The 82-year-old former oil trading and tanker tycoon, better known as OK Lim, together with Huey Ching Lim and Evan Lim …

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