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PIL warns of liquidation risk

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 …

WP_Post Object ( [ID] => 234661 [post_author] => 76 [post_date] => 2020-11-13 08:17:09 [post_date_gmt] => 2020-11-13 08:17:09 [post_content] =>

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... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => pil-warns-of-liquidation-risk [to_ping] => [pinged] => [post_modified] => 2020-11-13 08:17:09 [post_modified_gmt] => 2020-11-13 08:17:09 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=131303 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )