Pacific International Lines Group

A unit of Temasek Holdings Pte. is in talks for a potential investment of at least US$400 million (S$567.2 million) in Singapore shipping tycoon Chang Yun Chung’s Pacific International Lines Pte., according to people familiar with the matter.

SINGAPORE (Aug 15): As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia.