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Hyflux has ‘credible’ revival plan, to file for moratorium extension on Thursday: SIASSINGAPORE: Embattled water treatment firm Hyflux has a “credible” revival plan on the table and will apply for an extension of its debt moratorium ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux applies for debt moratorium extension as it claims to have plan to avoid liquidationSINGAPORE — Troubled water treatment firm Hyflux and three of its subsidiaries have applied to the Singapore High Court for a three-month extension from its creditors on Tuesday (23 April), as it races against time to put up a plan to avoid liquidation.
Source: YahooSG - 🏆 3. / 71 Read more »
SIAS calls new Hyflux plan to avoid liquidation “credible” and a “win” for its 34,000 shareholdersSingapore—In the latest development in the saga of beleaguered water treatment firm Hyflux, the Securities Investors Association Singapore (SIAS) s
Source: IndependentSG - 🏆 2. / 72 Read more »
Hyflux receives letter of intent for S$400m investment; banks to seek judicial managementHYFLUX has received a non-binding letter of intent for a possible S$400 million injection from an owner and developer of water and power utilities based in the Middle East, the troubled water treatment firm said in an exchange filing on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux debt moratorium extended to May 24SINGAPORE - The High Court on Thursday (April 25) allowed embattled water treatment firm Hyflux and its three subsidiaries another month of reprieve until May 24 from their creditors as the company works on two possible plans to avoid liquidation. The order was passed just days before an earlier court-sanctioned protection from creditors was set to expire next Tuesday (April 30).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »