Reliance acquires Karkinos Healthcare for Rs 375 cr

Billionaire Mukesh Ambani‘s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India’s most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in a stock…

Former tycoon bankrupt – Taipei Times

DOWNFALL: The Singapore-based oil magnate Lim Oon Kuin was accused of hiding US$800 million in losses and leaving 20 banks with substantial liabilities Former tycoon Lim Oon Kuin (林恩強) has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte Ltd (興隆貿易)…

Singapore oil tycoon Lim Oon Kuin declared bankrupt by court amid Rs 29797 crore settlement after collapse of…

Former tycoon Lim Oon Kuin, founder of Hin Leong Trading, was declared bankrupt after his oil empire’s collapse amid fraud allegations and a USD 3.59 billion settlement. Lim Oon Kuin, the founder of Singapore-based oil trading company Hin Leong Trading Pte., has been officially declared bankrupt. Known as “OK Lim,” the 82-year-old once helmed a…