Singapore court approves liquidation of Hin Leong

Singapore's High Court has approved the liquidation of commodity trader Hin Leong, reports Reuters. Court-appointed administrators requested permission to wind-up the company in February.
Photo: Edgar Su/Reuters/Ritzau Scanpix
Photo: Edgar Su/Reuters/Ritzau Scanpix

On Monday, Singapore's High Court approved commodity trader Hin Leong's request to liquidate the company, marking the end of what was once one of Asia's largest oil companies, writes Reuters based on several sources.

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