Lim family’s shipping unit to pursue ‘consensual restructuring’

Capt. John

The Singapore High Court hearing to consider Oversea-Chinese Banking Corp (OCBC)’s application to place the vessel-owning affiliates of financially troubled Hin Leong Trading under judicial management has been adjourned until August 13th. OCBC wants managers to oversee Xihe Holdings and four other subsidiaries — Da Xin Tankers, Hua Guang Shipping, Nan King Maritime and Hua…

The post Lim family’s shipping unit to pursue ‘consensual restructuring’ appeared first on Insurance Marine News...

https://insurancemarinenews.com/insurance-marine-news/lim-familys-shipping-unit-to-pursue-consensual-restructuring/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon