SUBSCRIBERS
Hin Leong Trading's judicial managers given more time to restructure firm
Published Thu, Jan 14, 2021 · 09:50 PM
Singapore
THE Singapore High Court on Thursday granted a three-month extension on the judicial management order to restructure Singapore's troubled oil trader Hin Leong Trading (HLT) subject to certain conditions, according to sources.
This follows an application by HLT's JMs for more time as the JM order that was granted beginning August last year is set to expire on Feb 3, 2021.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
