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Singapore Tankers and Gas Bunkers

Hin Leong shipowning affiliates placed under court supervision

The court has approved an application submitted by OCBC Bank to place five Xihe Group entities under the care of interim judicial managers from Grant Thornton Singapore. As a lender to Xihe and Hin Leong, OCBC Bank cited distrust in the owners from the Lim family in its application

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The Xihe entities placed under judicial management hold five of a 136-strong fleet owned by the family of Hin Leong’s founder

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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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