debt restructuring

Utico says it's been approached by potential partners for Hyflux deal

TWO parties are looking to acquire shares in Utico. If successful, the deal could value the United Arab Emirates-based utilities group at up to US$1.5 billion.

Hyflux suitor Utico says two parties eyeing its shares

TWO interested parties are looking to acquire shares in Utico, and if successful, the deal could value the United Arab Emirates-based utilities group at up to US$1.5 billion.

Hyflux's next pre-trial conference likely to be on June 19 or 22

HYFLUX on Thursday said its next pre-trial conference is likely to be held on June 19 or June 22, where further directions will be issued regarding the water treatment firm's main reorganisation...

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.

Utico extends deadline for Hyflux revised offer to June 30

POTENTIAL investor Utico has agreed to extend the deadline for its revised offer for Hyflux to June 30, the water treatment firm announced in regulatory filings late on Wednesday night.

Hyflux clarifies it has not received binding offer from Utico

NO binding offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report that was published over the weekend.

Oyster Bay Fund 'mulling investment in Hyflux'

ANOTHER potential investor has deepened talks with Hyflux as the insolvent water-treatment firm searches for fresh funds to stave off liquidation.

Hyflux fends off move by seven banks to opt out of moratorium

CREDITORS who want Hyflux put under a judicial manager (JM) will have to save their fight for another day.

Combing through Hyflux's 'no haircut' plan

HYFLUX wants to woo investors with a new proposal.

Hyflux gets only a month more on debt stay in absence of binding offer

HYFLUX will have its debt moratorium extended by one more month to May 24, with High Court Justice Aedit Abdullah stressing that he wants the company kept on a "short leash". Hyflux has been in...

Court extends Hyflux debt moratorium to end of April 2019

HYFLUX has convinced a Singapore High Court to extend its debt moratorium by four-and-a-half months to April 30 next year, despite arguments from some bank creditors that the insolvent firm should be...