Singapore court approves move to freeze Hin Leong founder's assets worth $3.5b

Singapore court approves move to freeze Hin Leong founder's assets worth $3.5b

Photo by rawpixel on Unsplash

Singapore’s High Court has accepted a request to freeze up to $3.5 billion of worldwide assets of Lim Oon Kuin and his two children following the collapse of Lim’s oil trading firm Hin Leong Trading Pte Ltd, the company’s liquidators told creditors in an email reviewed by Reuters.