PIL's 2 investee companies in China went bankrupt last year - The Online Citizen

In a media report on Monday (1 Jun), it was disclosed that a unit of Temasek Holdings, Heliconia Capital Management, is in talks with the debt-ridden Pacific International Lines (PIL) to put in at least US$400 million (S$565 million) into PIL run by former Nominated Member of Parliament and PBM holder Teo Siong Seng (‘Temasek’s […]

from Opinion Archives - The Online Citizen
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