Hin Leong

Oil trading giant to be wound up

Singapore's Hin Leong Trading, once one of Asia's top oil traders, will be wound up. The High Court granted the winding-up application made by the judicial managers yesterday, marking the end of the road for the oil trading giant after nearly a year of restructuring.

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A version of this article appeared in the print edition of The Straits Times on March 09, 2021, with the headline Oil trading giant to be wound up. Subscribe