Xihe seeks to restructure business amid OCBC's judicial management application

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OIL tanker shipowner Xihe Group, which is linked to the Lim family of troubled oil trader Hin Leong, plans to embark on a 'consensual restructuring' with its lenders and sell some of its vessels, the company said in a press statement on Thursday. Read more at The Business Times.

Oil tanker shipowner Xihe Group, which is linked to the Lim family of troubled oil trader Hin Leong, plans to embark on a "consensual restructuring" with its lenders and sell some of its vessels, the company said in a press statement on

Thursday.OIL tanker shipowner Xihe Group, which is linked to the Lim family of troubled oil trader Hin Leong, plans to embark on a"consensual restructuring" with its lenders and sell some of its vessels, the company said in a press statement on Thursday.

 

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