Hyflux's potential investors must disclose more
MORE than two years have passed since Hyflux filed for bankruptcy.
Hyflux lenders seeking judicial management; Utico extends offer
A GROUP of bank lenders is seeking to put Hyflux under judicial management (JM), after two years of a court-sanctioned restructuring process that has continued to leave creditors empty-handed.
Hyflux lenders to restart process to put firm under judicial management
A GROUP of bank lenders is seeking to put Hyflux under judicial management (JM), after two years of a court-sanctioned restructuring process that has continued to leave creditors empty-handed.
Scrutiny of audit work on Hyflux important to credibility of disclosure-based regime
EVER since Hyflux filed for bankruptcy in May 2018, questions have been raised about how the water treatment firm passed the smell tests to secure a clean bill of health from independent auditor...
Acra says it is inspecting KPMG's audit of Hyflux
THE accounting watchdog is inspecting the audit work done by KPMG for Hyflux, as part of a larger probe into the water-treatment firm's compliance with accounting and auditing standards between...
CAD, MAS and Acra launch joint probe into Hyflux and its directors
HYFLUX and its current and former directors are under investigation by the authorities for suspected false and misleading statements and breaches of disclosure rules that may have taken place over...
Time to look at Singapore-listed blue chip developers
PRIVATE home prices are poised for a moderate decline as unemployment looks set to rise and property viewings continue to be disallowed due to social distancing measures.
Q1 market reset sparks jump in retail interest in SGX stocks
THE market reset in the first quarter has sparked renewed retail interest in Singapore stocks, as first-timers found an opportunity to hunt for bargains while long-dormant investors scrambled to...
NetLink C-suite to take 8% pay cut amid Covid-19 even as payout rises
FIBRE optic cable owner NetLink NBN Trust said on Wednesday that the chief executive officer, chief financial officer and chief operating officer of the trust manager will take an 8 per cent...
DBS, OCBC, UOB faced with over US$600m total exposure to Hin Leong
SINGAPORE's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.