Business

What brought down Singapore oil trading giant Hin Leong? Tracing the rise and fall of oil tycoon O.K. Lim

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Oil tycoon Lim Oon Kuin founded Hin Leong Trading in 1963 at age 20, with a single truck delivering diesel to fishermen and small rural power producers.

Two years later, he started an oil distribution business as a "one-man-one-truck" oil dealer, selling oil he bought wholesale from major producers to taxi and bus companies and fishing boat operators.

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