新聞Winson Group sold assets to Hinleong on Feb 1st '24.In this case, set out in a Singapore High Court judgment handed down this week, Hin Leong agreed to purchase 752,870 barrels of gasoil from commodity trader Winson Oil in February of that year, split across four parcels.
新聞Hinleong has issues with fake trades and obtaining multiple financing.Investigators have since uncovered widespread and systematic fraud at Hin Leong, including financing for fake trades and obtaining multiple financing from different banks for the same transactions.
新聞Hinleong has issues with letter of credit to buy at least one cargo of oil products.Hin Leong Trading Pte Ltd is in talks with its lenders to extend credit after some banks failed to provide the firm with a letter of credit to buy at least one cargo of oil products.
