The application by CIMB Bank Singapore was filed June as the bank looked to recover USD 105 million from Hontop; the hearing date is set for...
Other creditors support OCBC’s application as the bank views Xihe’s restructuring plan to be ‘little more than a controlled sale of vessels’, reports Business Times.
Lim has been charged with instigating a Hin Leong employee to forge a document that was allegedly used to secure more than $56 million in financing,...
Waters along Permatang Timur, Beting Ramunia and Tompok Utara are considered Malaysian waters and any activity would require a permit from authorities, it said.
The team were out on patrol on Friday (7 August) when they discovered vessel TG 9397TS around 8.30 at night, 28 nautical miles from Nam Con...
The unnamed 3,850 dwt and 520 dwt tankers were discovered floating suspiciously close together on Friday, 8.9 nautical miles off Tanjung Penawar, Kota Tinggi.
David John Kidd amassed losses of over SGD 1 million to Lukoil Asia Pacific Pte Ltd through multiple irregular trades with Transocean Oil over a four-month...
Brightoil explains the various steps it has undertaken to comply with trade resumption requirements and the unexpected extenuating circumstances along the way.
‘Xihe is deeply grateful to the lenders and to the Court for this opportunity,’ said the company in an official press release on Wednesday.
Initial hearing adjourned as Damodara Ong LLC neglected to publish the notice, a legal requirement for the hearing to proceed; the new hearing date is 7...
