Temasek unit in talks to invest at least $400m in struggling Pacific International

Temasek unit in talks to invest at least $400m in struggling Pacific International

Ships in Singapore waters. Photo: Hanson Lu/Unsplash

A unit of Temasek Holdings Pte. is in talks for a potential investment of at least $400 million in Singapore shipping tycoon Chang Yun Chung’s Pacific International Lines Pte., according to people familiar with the matter.