SINGAPORE: Another potential investor has come knocking on the doors of embattled water treatment firm Hyflux.
The company, which in the midst of a high-profile debt restructuring, said on Thursday that it has received a letter of interest from Spain-based water management company FCC Aqualia.The letter of interest is for “a potential transaction involving the company or its assets”, Hyflux said in a filing to the Singapore Exchange, without providing details.
The company will make appropriate announcements as and when there are further material developments in this matter, it added. FCC Aqualia's website described it as Europe’s fourth-largest private water firm in terms of population served. It is owned by Spanish building and infrastructure company FCC and Australian ethical fund IFM Investors.
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