SG's Jurong Port completes acquisition of Lim family's stake in Universal Terminal

SG's Jurong Port completes acquisition of Lim family's stake in Universal Terminal

Photo by Kit Suman on Unsplash

Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading Pte Ltd, a port spokesman said on Saturday.