Messrs Wong Pheng Cheong Martin, Bob Yap Cheng Ghee and Toh Ai Ling of KPMG Services Pte. Ltd. have been nominated to act jointly as Judicial...
Hin Leong unlikely to restructure independently as probes uncover rampant practice of fraud on a “massive scale” to conceal debts, reported The Business Times
Tan was allegedly charged for 20 counts of forgery to cover his tracks from banks after having sold sugar to parties from North Korea from his...
The 104,592 dwt tanker was discovered by the MMEA patrol team at 4.00 p.m. on Friday (19 June), 4.8 nautical miles west of Daya Bandar Hilir.
“We had already received an anonymous tip off that there were ships in Terengganu illegally selling bunker fuel to Vietnamese fishing boats [...],” said Commander.
The court has allegedly granted HSBC’s bid for Zenrock to be placed under judicial managers from KPMG and the hearing is set for 13 July, 2020.
This is Winson’s second dispute with a bank for the same amount (SGD 30.4 million) over diesel trades that it made with the financially troubled HLT.
Patrol team members spotted the vessel about 7.09 nautical miles from Kuala Bintulu; PPM estimates the value of the confiscated lot to be around MYR 1,561,960.
‘As CIMB did not prove the authenticity of the Debenture, I dismissed its claims,’ concluded a High Court of the Republic of Singapore Judicial Commissioner.
Based on the ironclad terms of a jointly held loan of USD 1.94 million, wife of Tan Sing Hwa is now liable for separate loans taken...
