Serious next casualty after hin leong

[krafty]

View attachment 77834

this one surely borrowed heavily from UOB bank, normally, in uob plaza is a friend of mr wee.

 

[CPTMiller]

Bad time for many business in Singapore
More job loss

 

[syed putra]

Bad time for many business in Singapore

It's bad because they were holding tons of fuel which suddenly became worthless.

 

[SirRichard]

ezra took a stake in Thai developer Raimon land around 2013 and few years later I read the father selling his Sentosa property amid challenges . The son Lionel last time often got featured in Hiso magazine.

Heard in bad shape, but the Founder Mr Lee Kian Soo stopped driving his Taxi in 1992 when he founded Ezra Group.


https://en.m.wikipedia.org/wiki/Ezra_Holdings

 

[Kee Chew]

It's bad because they were holding tons of fuel which suddenly became worthless.

Hin Leong Lim O K started as a Lorry Driver. using his Lorry as his Office - one man show.

 

[laksaboy]

Jurong Island should be turned into a new resort island quickly, before the petrochem industry becomes totally worthless.

 

[syed putra]

The tanks can be turned into deep pools.

 

[Kee Chew]

 

[krafty]

Nothing to be gobsmacked about...trading is gambling especially in commodities like oil. And gambling normally lead to crimes.

 

[syed putra]

Nothing to be gobsmacked about...trading is gambling especially in commodities like oil. And gambling normally lead to crimes.

One small bunkee tanker holds 1000MT of say diesel.
They bought at usd600/MT and now its only usd200 in a matter of days.

 

[knowwhatyouwantinlife]

Oil traders scum aside htl is also going bankrupt
https://www.straitstimes.com/busine...nsolvency-protection-cites-cash-flow-problems

 

[Kee Chew]

curious , what Types of dishonest deals ?

 

[A Singaporean]

More to come. A total collapse of the Singspore economy.

 

[krafty]

curious , what Types of dishonest deals ?

under table deals aplenty...