Temasek reports S$389bn net portfolio value, up S$7bn from last year
PRESS RELEASE 09 JUL 2024 – Including S$31 billion mark to market1 uplift from unlisted assets, Temasek’s Mark ...
Photo: PIL
By Mike Wackett
Pacific International Lines (PIL) has issued a stark final plea to its creditors to vote in favour of its “last resort” restructure plan on 1 February or risk receiving just $2 per $100 from its liquidation.
The embattled Singapore-headquartered ocean carrier, founded in 1967, presented its final restructuring package to creditors including bunker suppliers and shipowners on 11 November.
PIL reminded creditors that the package involves a $600m cash injection from Heliconia, a wholly-owned subsidiary of Tamasek, which is subject to the acceptance ...
Comment on this article
Raphael
January 22, 2021 at 8:25 amYour service is poor when it come to Ghana High charges bad service how do you expect people to go on such a company you guys should wake up