PIL finally admits it is in talks with Temasek's unit for potential investment - The Online Citizen

It was earlier reported that shipping company Pacific International Lines (PIL) is in financial stress (‘Netizens ask questions about Temasek’s indirect loan to Pacific International Lines‘). Two months ago (23 Mar), PIL admitted through Singamas, a public company it controlled, that it is in talks with several creditors to settle its huge debt, amid challenging […]

from Opinion Archives - The Online Citizen
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