Staff Reporter
,
Singapore
Last month, the trader assured that it was not under financial stress.
HSBC is seeking to place Singaporean trader Zenrock Commodities Trading under judicial management, reports Reuters.
Zenrock trades crude, oil products, and petrochemicals.
Last month, Zenrock reassured its clients that it was not under financial stress after the crash of global oil and fuel prices.
Under judicial management, an independent judicial manager will oversee a company’s operations.
Read more from Reuters.
Join
Hong Kong Business
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!