The Business Times
SUBSCRIBERS

Ocean Tankers distances itself from Hin Leong Trading

Anita Gabriel

Anita Gabriel

Published Thu, Apr 16, 2020 · 09:50 PM

    Singapore

    OCEAN Tankers - a wholly owned unit of Hin Leong Group and Singapore's leading tanker manager - has sought to reassure its partners and customers, and distance itself from the financial woes of the group's trading arm Hin Leong Trading.

    "Please note that the company is a separate entity from Hin Leong, and has not guaranteed the debts of Hin Leong," said Ocean Tankers' chief executive Evan Lim Chee Meng in a letter dated April 15.

    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.

    Hin LeongShippingOil and gas

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More