SS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to avoid pushing for a liquidation of the under pressure liner company. PIL has already received $112m to tide it over from Heliconia Capital Management, a unit of Singapore’s sovereign wealth fund, Temasek Holdings. In a …
SS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to avoid pushing for a liquidation of the under pressure liner company. PIL has already received $112m to tide it over from Heliconia Capital Management, a unit of Singapore’s sovereign wealth fund, Temasek Holdings. In a …
[post_title] => PIL warns of liquidation risk
[post_excerpt] => SS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to avoid pushing for a liquidation of the under pressure liner company. PIL has already received $112m to tide it over fro...
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[post_name] => pil-warns-of-liquidation-risk
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[post_modified] => 2020-11-13 08:17:09
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