Singapore Oil Tycoon Lim Oon Kuin Bankrupt After Empire’s Dramatic Collapse (File Photo)
New Delhi: Lim Oon Kuin, the former oil tycoon and founder of Hin Leong Trading Pte., has been declared bankrupt in Singapore. The bankruptcy order, issued on December 19, also applies to his children, Lim Huey Ching and Lim Chee Meng, who served as directors at the company. The announcement was made through the government gazette.
Leow Quek Shiong and Seah Roh Lin from BDO Advisory Pte. Ltd. have been appointed as trustees to oversee the bankruptcy proceedings.
Hin Leong Trading was once a prominent name in the oil industry, trading a variety of oil products, manufacturing lubricants, and operating loading terminals and storage facilities. However,…
