O.K. Lim and 2 children agree to pay US$3.5b to Hin Leong liquidators, but will file for bankruptcy
SINGAPORE – In a surprising twist, Hin Leong founder Lim Oon Kuin and his two children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3.5 billion (S$4.5 billion) to the liquidators of the now-defunct oil trading firm.
Ex-oil tycoon OK Lim and children to file for bankruptcy as judgment for US$3.5 billion entered against them
Lim Oon Kuin and his two children stated they would be consenting to the judgment without admitting liability for various reasons, including health and not wishing to take up any more of the court's time.
The judgment was reached as Lim and his children, Lim Huey Ching and Evan Lim Chee Meng, announced their intention to file ...
Singapore’s High Court has given the green light to a settlement deal that will see former oil tycoon Lim Oon Kuin and his ...
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of ...
Lim's legal troubles aren't over. He is due to be sentenced at a later date in a separate criminal trial for cheating and ...
Singapore's High Court approved an agreement for Lim Oon Kuin, Singapore's oil tycoon and chairman of Hin Leong, to pay a ...
In a surprising twist, Hin Leong founder Lim Oon Kuin and his two children, Evan Lim Chee Meng and Ms Lim Huey Ching, have ...
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $4.6 billion to the liquidators of his ...
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