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Singapore Tankers and Gas Bunkers

Hin Leong restructuring only possible with owners’ assets

Preliminary report by PwC calls for the company to be restructured, together with the assets of its owners, including the fleet operated by Ocean Tankers

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Singapore oil trader Hin Leong Trading ‘grossly overstated’ the value of its assets by at least $3bn, according to the findings of a report by the administrator, which proposes merging the company with units linked to the Lim family

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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