OIL CHAOS

DELUGED by fast-and-furious claims from lenders and clients, distressed Hin Leong Trading (HLT) pressed the case for - and was granted - an interim judicial management (IJM) order by Singapore's...

OIL CHAOS

PRESSED for time as it grapples with a debt pile of US$4 billion, Singapore's giant oil trader Hin Leong Trading (HLT) has pulled out its application to the court for a debt moratorium and decided...

SINGAPORE's icon in the oil trading arena Lim Oon Kuin has given up his board and management posts at Hin Leong Trading (HLT) as a US$4 billion debt pile and potential scrutiny of the company's...

RUNNING out of luck with creditors and facing mounting distress, Singapore's giant oil trader Hin Leong Trading (HLT) - and its sister company Ocean Tankers - sought indulgence from 23 lenders on...