Tycoon O.K. Lim and 2 children agree to pay US$3.5bil to Hin Leong liquidators, but will file for bankruptcy
SINGAPORE (The Straits Times/ANN): In a surprising twist, Hin Leong founder Lim Oon Kuin and his two children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3.5 billion (S$4.5 billion) to the liquidators of the now-defunct oil trading firm. The High Court on Sept 30 also gave the green light to a...