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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Xihe seeks to restructure business amid OCBC’s JM applicationOIL 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 statement on Thursday. Read more at The Business Times.
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Hot stocks: DBS, OCBC, UOB tumble after MAS asks to cap dividendsSHARES of Singapore's local lenders extended their slide on Thursday morning, after the central bank asked them to cap dividend payouts. Read more at The Business Times.
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Xihe seeks to restructure business amid OCBC’s JM applicationOIL 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 statement on Thursday. Read more at The Business Times.
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