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HIN LEONG SAGA

Xihe seeks to restructure business amid OCBC's judicial management application

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Oil tanker shipowner Xihe Group, which is linked to the Lim family of troubled oil trader Hin Leong, plans to embark on a "consensual restructuring" with its lenders and sell some of its vessels, the company said in a press statement on Thursday.

Singapore

OIL tanker shipowner Xihe Group, which is linked to the Lim family of troubled oil trader Hin Leong, plans to embark on a "consensual restructuring" with its lenders and sell some of its vessels, the company said in a press statement on Thursday.

Xihe's statement comes...

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