Former oil tycoon Lim Oon Kuin, 82, has been declared bankrupt along with his two children, according to a government gazette published on Dec. 27, 2024.
The bankruptcy order was made against the 82-year-old and his two of his three children — Lim Huey Ching, 57, and Lim Chee Meng, 54 — on Dec. 5.
It took effect on Dec. 19.
After getting sued by Hin Leong’s liquidators, the trio had a judgment of US$3.5 billion (S$4.75 billion) entered against them in September.
They said they would be filing for bankruptcy as they do not have enough…
