The red ink keeps flowing at businesses linked to Singaporean SS Teo, the boss of troubled Pacific International Lines (PIL), the world’s tenth largest containerline. Singamas, the Hong Kong-listed box manufacturing subsidiary of PIL, posted its full year results for 2019 today. Despite selling...
https://splash247.com/woes-mount-for-pils-teo-as-singamas-swings-to-a-loss/