Hyflux News Business Times
Hyflux s judicial managers will shortly arrange a virtual meeting or telephone call with holders of the embattled water treatment firm s perpetual securities preference shares and medium term notes.
Hyflux news business times. Read more at the business times. Three days before the hyflux judicial management order application is due to be heard in court the water treatment firm on friday evening shared in depth details of the term sheet of strategic growth investments sgi and backed its proposal calling it comprehensive and saying it appears to address the key concerns raised by the various stakeholders. Read more at the business times.
Read more at the business times. Hyflux on thursday announced that the unsecured working group uwg of bank lenders has filed its application for a judicial management order. The business times tracks that journey.
Bloomberg the business times a version of this article appeared in the print edition of the straits times on november 16 2020 with the headline hyflux backs rescue deal from strategic growth. The judicial managers of hyflux and its unit hydrochem s pte ltd are inviting expressions of interest eoi from parties keen to invest in the embattled water treatment player as part of a restructuring process. Borrelli walsh has been appointed interim judicial managers jms for hyflux.
The business times reported today that the singapore high court has granted the application and appointed uwg s financial adviser borrelli walsh as interim judicial managers of hyflux. Hyflux put under judicial management companies markets news top. It was supposed to be hyflux s springboard into the integrated water and power project segment.
Read more at the business times. The business times hyflux find hyflux news headlines insight and analysis in singapore asia pacific global markets news at the business times. But the tuaspring water desalination plant which hyflux chose to append with a power generation plant turned out to be the membrane technology firm s toughest project of all.
Hyflux placed under judicial management companies markets the business times.