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
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