Hyflux and Tuaspring said that they are seeking legal advice on the investor's notice, and are in communication with PUB and the investor on the matters in the PUB's notice and investor's notice.
HYFLUX'S restructuring agreement with SM Investments Pte Ltd may be terminated if defaults by Hyflux subsidiary Tuaspring Pte Ltd are not remedied within two weeks, the water treatment company said in a Singapore Exchange filing on Monday.
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Restructuring agreement at risk due to Tuaspring default: HyfluxHYFLUX'S restructuring agreement with SM Investments Pte Ltd may be terminated if defaults by Hyflux subsidiary Tuaspring Pte Ltd are not remedied within two weeks, the water treatment company said in a Singapore Exchange filing on Monday. Read more at The Business Times.
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Hyflux admits S$2.81b in claims after adjudicationWATER treatment company Hyflux has tossed out some of the claims filed against it after adjudication, but the bulk of the S$3.59 billion demanded by some 74 groups of claimants still stands. Read more at The Business Times.
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Source: BusinessTimes - 🏆 15. / 51 Read more »
Restructuring agreement at risk due to Tuaspring default: HyfluxHYFLUX'S restructuring agreement with SM Investments Pte Ltd may be terminated if defaults by Hyflux subsidiary Tuaspring Pte Ltd are not remedied within two weeks, the water treatment company said in a Singapore Exchange filing on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux admits S$2.81b in claims after adjudicationWATER treatment company Hyflux has tossed out some of the claims filed against it after adjudication, but the bulk of the S$3.59 billion demanded by some 74 groups of claimants still stands. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »