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PIL wins interim funding from Temasek unit

Embattled Pacific International Lines (PIL) has won interim funding from a unit of Singapore’s sovereign wealth fund, Temasek Holdings, to keep the SS Teo-led containerline operating.  Heliconia Capital Management has agreed to invest between $100m and $110m in the line as negotiations between the two parties continue for a much larger investment in the region …

WP_Post Object ( [ID] => 228018 [post_author] => 76 [post_date] => 2020-07-29 07:46:22 [post_date_gmt] => 2020-07-29 07:46:22 [post_content] =>

Embattled Pacific International Lines (PIL) has won interim funding from a unit of Singapore’s sovereign wealth fund, Temasek Holdings, to keep the SS Teo-led containerline operating.  Heliconia Capital Management has agreed to invest between $100m and $110m in the line as negotiations between the two parties continue for a much larger investment in the region …

[post_title] => PIL wins interim funding from Temasek unit [post_excerpt] => Embattled Pacific International Lines (PIL) has won interim funding from a unit of Singapore’s sovereign wealth fund, Temasek Holdings, to keep the SS Teo-led containerline operating.  Heliconia Capital Management has agreed to invest between $100m and... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => pil-wins-interim-funding-from-temasek-unit [to_ping] => [pinged] => [post_modified] => 2020-07-29 07:46:22 [post_modified_gmt] => 2020-07-29 07:46:22 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=124804 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )