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EVENING 5: CIMB has exposure to Hin Leong

2020-04-21 2,820 Dailymotion

CIMB Group is believed to have an exposure to troubled oil trader Hin Leong Trading that owes almost US$4 billion to more than 20 banks. Meanwhile, the Genting conglomerate is reportedly planning the first group-wide salary cut since its founding in 1965.