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Singapore's 'Popiah King' may anchor Pacific Radiance's S$120m rescue deal

Observers feel that at least for now, "high net worths" are likely to outnumber institutional funds in the O&M equity space

    Published Tue, May 29, 2018 · 09:50 PM
    Singapore rich wades into O&M space

    Singapore

    SINGAPORE'S "Popiah King" may emerge as the next prominent business magnate in town to extend rescue financing to a listed company in the embattled offshore and marine (O&M) sector.

    The Business Times understands that talks have been ongoing between Sam Goi - Singapore's 10th wealthiest on the Forbes Singapore Rich List 2017 - and Pacific Radiance over a deal that could see the tycoon anchor an equity raising exercise for the firm.

    pacific radianceDebt restructuring

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