Better known in the oil trading industry as O.K. Lim, the 82-year-old, his daughter Lim Huey Ching, 57, and son Lim Chee Meng, 54, will have their bankruptcy estates managed by trustees Leow Quek Shiong and Seah Roh Lin of BDO Advisory.
The bankruptcy stems from the former Singapore oil tycoon and his two children having agreed in September to pay US$3.5 billion (S$4.76 billion) to the court-appointed liquidators of the company and top creditor HSBC after a 50-day civil trial.
Esta historia es de la edición December 28, 2024 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 28, 2024 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
GRANNY LIFTS THE BAR ON KEEPING FIT
Ms Cheng Chen Chin-mei beamed broadly as she hoisted a 35kg weightlifting bar to her waist, dropped it and waved confidently to the enthusiastic crowd in a competition in Taipei.
Youth rewrite social norms
It has always been the case that young people drive societal change.
Zoo pygmy hippo adored by internet
For users scrolling through TikTok, X and Instagram, one animal has emerged as the undisputed star of 2024: Moo Deng, a baby pygmy hippopotamus at Khao Kheow Open Zoo in Chonburi, Thailand.
Warabimochi gives snack lovers much to chew on
Singapore was mad for mochi in 2024, the craze sparked by the arrival in February of popular Japanese brand Warabimochi Kamakura.
Virtual Travel Tools Take Off
Virtual tools reshaped the travel landscape in 2024, driving innovation and transforming experiences for travellers worldwide.
X factor behind pop princesses' reign
From Charli XCX and Sabrina Carpenter to Chappell Roan and Billie Eilish, women ruled the airwaves in 2024.
Ugly shoes stand out
In an era when fashion trends come and go faster than you can lace up your sneakers, one movement has proved its staying power: ugly shoes.
TikTok's very mindful, very demure influence
You see how TikTok continued to foster the exchange of ideas and philosophy between borders and cultures in 2024? Very mindful, very demure.
Quitting the F&B scene
La Dame de Pic, Tippling Club, Gemma, Art di Daniele Sperindio, Sushi Kimura, Beni, Chef Kang's, Sommer and Braci are all restaurants that fine-dining fans might recommend as must-visit places in Singapore.
Rising mercury shifts seasons
The year 2023 was recorded as the hottest in history, and 2024 is on track to surpass it.
