The Tuaspring desalination plant. Hyflux is racing to nail down a $400 million rescue deal with Utico. Had the seven banks prevailed yesterday, they could have asked the court on May 13 to place Hyflux and Hydrochem Singapore - its engineering, procurement and construction business - under judicial management.
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The Tuaspring desalination plant. Hyflux is racing to nail down a $400 million rescue deal with Utico. Had the seven banks prevailed yesterday, they could have asked the court on May 13 to place Hyflux and Hydrochem Singapore - its engineering, procurement and construction business - under judicial management.