The family owners of distressed energy trader Hin Leong Trading claimed unfair treatment after a report alleged serious irregularities
The family owners of Hin Leong Trading Pte. Ltd. claimed unfair treatment after a report alleged serious irregularities at the distressed energy trader, including a $3 billion-plus overstatement of its assets.
The report was filed with a Singapore court earlier this week by interim judicial managers—court-appointed independent administrators—from PricewaterhouseCoopers Advisory Services Pte. Ltd.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How conservative and centrist business owners face — and cautiously embrace — protestsDeveloper Rick Caruso faults officials' protest response and joins business leaders calling for racial justice. Will corporate actions follow words?
Read more »
Faces not in your crowd: The billionaire owners who rule baseballAll but one of the MLB primary owners have seen their franchise values appreciate since their purchases, often extraordinarily. Here is a list of the men who brought baseball to the brink during negotiations with players to launch a 2020 season
Read more »
New pandemic clampdowns in Texas, Florida rattle business ownersBar and restaurant owners in Texas and Florida were fuming on Friday after state officials abruptly slapped new restrictions on their businesses due to a spike in new COVID-19 cases.
Read more »
Options traders betting Nike will jump to new all-time highs out of earningsOptions traders are betting Nike can hit new all-time highs after the sportswear giant reports earnings Thursday
Read more »
US reports highest number of new coronavirus cases in a single dayThe number of new coronavirus cases reported in a single day hit a new high on Friday after numerous states began pausing or rolling back their reopening plans.
Read more »
U.S. hits highest single day of new coronavirus cases with more than 45,500, breaking April recordNEW: U.S. hits highest ever single day of new coronavirus cases with more than 45,500, breaking April record
Read more »