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Singapore: Hin Leong Financial Troubles Detailed in Court Filing

Much of the inventory used as collateral for its lenders has been sold off, and company founder OK Lim hid $800 million in futures losses, his son alleges.

WP_Post Object ( [ID] => 224201 [post_author] => 14 [post_date] => 2020-04-20 00:08:00 [post_date_gmt] => 2020-04-20 00:08:00 [post_content] =>

Much of the inventory used as collateral for its lenders has been sold off, and company founder OK Lim hid $800 million in futures losses, his son alleges.

[post_title] => Singapore: Hin Leong Financial Troubles Detailed in Court Filing [post_excerpt] => Much of the inventory used as collateral for its lenders has been sold off, and company founder OK Lim hid $800 million in futures losses, his son alleges. [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => singapore-hin-leong-financial-troubles-detailed-in-court-filing [to_ping] => [pinged] => [post_modified] => 2020-04-20 00:08:00 [post_modified_gmt] => 2020-04-20 00:08:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://shipandbunker.com/news/apac/414831-singapore-hin-leong-financial-troubles-detailed-in-court-filing [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )