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Singapore Containers

PIL restructuring gets court approval

The restructuring plan anchored on $600m of Heliconia equity investment still needs to meet certain conditions before it can proceed. It will see a reshuffling of PIL's board though executive chairman SS Teo is expected to retain his seat

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PIL will be majority owned by Temasek-linked Heliconia Capital once its proposed restructuring is complete

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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