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HSBC, Singapore and Lim Oon Kuin
Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multi-year civil cases against him and his family.
US$3.6 billion payout to HSBC, liquidators ends OK Lim’s civil cases in Singapore
Lim's legal troubles aren't over. He is due to be sentenced at a later date in a separate criminal trial for cheating and forgery offences Singapore's High Court approved former oil tycoon Lim Oon Kuin's agreements to pay US$3.
Lim Oon Kuin agrees to $3.59 billion settlement with HSBC and liquidators
Singapore’s High Court approves a $3.59 billion settlement involving former oil tycoon Lim Oon Kuin, Hin Leong’s liquidators, and HSBC, ending years of civil litigation. Lim, who still faces criminal charges,
Former Singapore oil mogul OK Lim to pay liquidators, HSBC $4.6 billion
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $4.6 billion to the liquidators of his company and creditor HSBC, ending the multiyear civil cases against him and his family.
Singapore Business Review on MSN
1d
HSBC expands Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager. HSBC has enhanced its Premier offering in ...
10h
East-West line service fully restored after 6-day disruption; What to know about VEP for Singapore vehicles: Singapore live news
Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making ...
Business Times
7d
Banks should spend as much time on their people as on data, tech: HSBC’s Tancy Tan
TANCY Tan has spent her entire career working with technology to drive transformation. Banks spend a lot of time on data, but ...
Crude Oil Prices
1d
Former Top Singapore Oil Trader Hit With $3.5-Billion Lawsuit Bill
A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.
The Independent Singapore
13d
Singapore to continue welcoming legitimate wealth and genuine investments, says Chee Hong Tat
Mr Chee said that Singapore needs to stay “open, welcoming, stable, and secure” to stand out in an increasingly turbulent and ...
Nikkei Asia
1d
Singapore dollar hits 10-year high on U.S. dollar weakness, sticky inflation
SINGAPORE -- The Singaporean currency is trading against the dollar at its strongest level in almost a decade, touching new ...
VietNamNet
22h
HSBC keeps Vietnam’s GDP growth at 6.5% for 2024, 2025
HSBC has maintained its GDP growth forecast for Vietnam at 6.5% for both 2024 and 2025 in its “Asian Economics Quarterly – ...
campaignbriefasia.com
11h
GUT expands into Asia opening Singapore office
GUT has announced the launch of GUT Singapore, the award-winning global creative network's first office in Asia and tenth ...
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