Lim family’s shipping unit to pursue ‘consensual restructuring’ with lenders
Court case initiated by creditor bank to place Hin Leong’s shipowning affiliates under judicial management has been adjourned to allow ‘consensual restructuring’
Singapore-listed OCBC Bank, which is a creditor of Lim-family run Hin Leong, has filed court application to place Xihe Holdings and four ship-owning units under the care of third-party managers
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