The Singapore unit of Primus Pacific Partners Ltd. (PPPTLZ) and Lee Theng Kiat, president of Temasek Holdings Pte (TMSK), agreed to settle a lawsuit over a rental dispute, according to three people familiar with the case.
Lee’s petition to wind up the unit of the Hong Kong-based private-equity firm will also be suspended pending the settlement, two of the people said. They declined to be identified as they aren’t authorized to speak publicly about it. Full story
