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Business 25 May 2021 | 7:00 AM

S’pore freezes OK Lim’s US$3.5bil family assets

SINGAPORE: Singapore’s High Court approved a request to freeze as much as US$3.5bil (RM14.49bil) of assets worldwide belonging to the founding family of collapsed oil trader Hin Leong Trading (Pte) Ltd in a move that may be one of the biggest such injunctions in the city-state’s history.

Business 17 Dec 2020 | 7:00 AM

Singapore port in advanced talks for Lim family’s terminal stake

SINGAPORE: Singapore’s state-backed operator Jurong Port Pte is in advanced talks to buy a stake in a petroleum storage hub from the family behind collapsed oil trader Hin Leong Trading Pte, according to sources.

Singapore 09 Jan 2020 | 11:55 AM

Construction demand in Singapore expected to stay strong in 2020

SINGAPORE, Jan 8, Straits Times/ANN - Construction demand is expected to remain strong in 2020 after hitting a five-year high last year, spurred by a sustained recovery in public sector building demand amid economic headwinds and global geopolitical uncertainty.