Former tycoon Lim Oon Kuin, founder of Hin Leong Trading, was declared bankrupt after his oil empire's collapse amid fraud allegations and a USD 3.59 billion settlement.
Singapore declares former tycoon Lim Oon Kuin bankrupt after oil empire collapses
Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
Use current momentum to rejuvenate the Singapore bourse
SINGAPORE – Is the underperforming Singapore bourse finally about to wake up? The Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year to $30.2 billion in ...
Singapore have a mountain to climb in quest to reach Asean Championship final, down 2-0 to Vietnam after first leg
History is not on their side, as Singapore have not beaten Vietnam since a 1-0 win in the 1998 final. The team must also quickly adapt to the environment, with the match set to kick off in a chilly 17 ...
Singapore faces mount Fansipan-like challenge in ASEAN Cup semifinal against Vietnam: newspaper
"In the first-leg match at Jalan Besar Stadium on Thursday, Singapore lost 0-2 to Vietnam. Since the away goals rule is not applied, the Singapore team, led by coach Tsutomu Ogura, will need to win by a margin of three goals to advance or by two goals to force extra time.
5 Straits Times Index (STI) Stocks That Outperformed the Index
The Straits Times Index (STI) has performed well in 2024. These 5 companies have led the way in the term of performance.
Best credit card promotions in Singapore (December 2024): Citibank, DBS, HSBC, UOB and more
This December, it's giveaways galore. Sign up for a credit card and you could walk away with an all-new Porsche Taycan, 1 million Ascott Star Rewards Points, and up to 50,000 SmartPoints. Plus, enjoy ...
Singapore leads Hong Kong in race to be crypto hub
Singapore has overtaken Hong Kong in 2024 as a leading digital-assets hub, while its rival financial center struggles to gain momentum.
This Week In Crypto: SBF Pardon Rumors, EU Delists USDT, Ripple Donates to Trump, Singapore Industry Grows
Major crypto updates include SBF pardon rumors, EU delisting Tether, and Ripple’s $5 million donation to Trump’s inauguration.
Singapore oil tycoon Lim Oon Kuin declared bankrupt after empire crash
The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazette showed ...
Top Stock Market Highlights of the Week: Singapore Post, OUE REIT and CDL Hospitality Trusts
Welcome to this week’s edition of top stock market highlights. Singapore Post (SGX: S08) Singapore Post, or SingPost, received a whistleblowing report earlier this year relating to its international e ...
Singapore’s disgraced oil tycoon Lim Oon Kuin declared bankrupt
Known in the oil trading industry as O.K. Lim, the 82-year-old former tycoon and his children, aged 57 and 54, will have their bankruptcy estates managed by trustees Leow Quek Shiong and Seah Roh Lin ...
Singapore Oil Mogul Declared Bankrupt After Empire Collapsed
Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
Singapore’s port handles record of over 40 million shipping containers in 2024
Singapore’s largest port operator PSA handled more than 40 million shipping containers, or twenty-foot equivalent units (TEUs), in 2024, a record-breaking feat that it has called a “significant ...
Raising The Standard in Singapore
Boutique hotel operator The Standard needs little introduction. Established in 1999 in Hollywood, The Standard hotels are known for their pioneering design, taste-making clientele and non-conformity ... ( read original story ...)
Singapore’s central bank chief on crypto, AI and battling inflation
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a wide-ranging impact on the global economy and financial sector.