Singapore's Hin Leong seeks court-appointed manager to oversee debts

Singapore's Hin Leong seeks court-appointed manager to oversee debts

Image from Hin Leong's website

Singapore’s Hin Leong Trading Pte Ltd, one of Asia’s top oil traders, has applied for a court-appointed supervisor to manage the company and restructure billions of dollars of debt owed to multiple banks, two sources with knowledge of the matter said on Friday.