Singapore oil trading giant Hin Leong Trading has appointed local law firm Rajah & Tann as well as consultancy PwC to handle a liquidity crisis. Hin Leong is one of Singapore’s largest bunkering names and has a sizeable tanker fleet. The company has had letters of credit frozen by a number of banks...
https://splash247.com/under-pressure-hin-leong-trading-holds-urgent-negotiations-with-its-banks/