Teo Siong Seng, PIL Managing Director Visits Sinochem International

On March 1, 2011, Mr. Teo Siong Seng, Managing Director of Pacific International Lines (Pte) Ltd., Singapore and accompanying officers made a visit to Sinochem International and were met with by Vice General Manager Zhang Xuegong and Board Secretary Liu Xiang.

Zhang Xuegong briefed the guests about the core business and the logistics status of Sinochem International as well as the development strategies. Teo hoped to further strengthen cooperation with Sinochem in the future. Also, the hosts and the guests talked over issues of common concern regarding ISO tank container manufacture and chemical logistics.

As one of the foreign shipping companies that present themselves in China market earliest, PIL has enjoyed a good cooperative relationship with Chinese government and business circle for over 40 years. Singamas Container Holdings Limited, a subsidiary of PIL is one of the world s leading container manufacturers and a major operator of logistics in the Asian-Pacific region, operates eleven production factories in the PRC and runs eleven container depots and terminals globally (eight in the PRC).

Teo Siong Seng holds some concurrent posts such as President of Singapore Chinese Chamber of Commerce and Industry (SCCCI), Nominated Member of Parliament of Singapore and President of Singapore Shipping Association (SSA).