Beleaguered Singaporean liner operator Pacific International Lines is reportedly selling its headquarters, in another sign of its financial struggles.
The Business Times, a Singaporean financial newspaper, cited sources in the local property market as saying that the building, located in the city-state’s central business district (CBD), is being discreetly sold through an expression-of-interest (EOI) exercise that closed on 17 July 2020.
PIL is said to be seeking a price of at least SG$350...