Recent events
Recent events tied to this brand in public sources.
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2021
Hin Leong sues Deloitte over alleged audit failures
Hin Leong Trading sued Deloitte & Touche LLP, alleging that the auditing firm failed to detect serious irregularities and material misstatements in its financial statements. The allegations are claims in the lawsuit; the supplied report does not establish a court determination.
2020
HSBC sues over alleged Hin Leong fraud
HSBC is suing the Lim family and an employee of Hin Leong, seeking to recover $85.3 million that it alleges was obtained with forged documents. The allegations are reported as allegations, not as an established determination.
2020
UniCredit sues Hin Leong and Glencore over oil deal
UniCredit sued Hin Leong over a letter of credit and also sued Glencore in connection with the matter. UniCredit alleged in court documents that same-day sale-and-buy-back transactions made the purchase a sham and deprived it of security over the financed goods.