A scathing report submitted to the High Court of Singapore by the interim judicial managers of Hin Leong Trading last week prompted company founder Lim Oon Kuin, also known as OK Lim, and his family to make their first public statement since the outfit first started to collapse in April.
PricewaterhouseCoopers Advisory Services (PwC), which is Hin Leong’s court appointed interim judicial managers, stated emphatically that the company had “no future as an independent firm” as it had liabilities of $3.5bn
