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Media: PIL puts headquarters up for sale

Container shipping line Pacific International Lines (PIL) is reportedly looking into the possibility of selling its headquarters in Singapore, reports local media. Eight parties have shown interest.

Photo: PR / Pacific International Lines

Family-owned container shipping line Pacific International Lines (PIL) has allegedly put its Singapore-based headquarters up for sale.

According to local business media Business Times, the PIL group has put out feelers in the market to investigate whether anyone would be interested in buying the building for SGD 350 million (USD 252 million).

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