Hyflux

Hyflux says S$535m rescue deal is Utico's valuation; deal still on the table

HYFLUX said on Wednesday that it has sought clarification from potential white knight Utico regarding a statement it had made on Tuesday valuing its rescue deal at S$535 million.

Utico says Hyflux rescue deal may be worth up to S$535 million

THE deal that embattled water treatment company Hyflux and its potential white knight Utico are progressing towards could be worth as much as S$535 million, said Utico in a statement on Tuesday...

Maybank demands another S$33.6 million from Hyflux's unit, over hedging deal

MAYBANK has demanded payment of another S$33.6 million from Tuaspring, the subsidiary of the debt-ridden water treatment company Hyflux.

Hyflux 'progressing' towards Utico deal for S$400m lifeline

HYFLUX'S potential white knight Utico is looking to take an 88 per cent stake in the troubled water treatment firm through S$300 million in equity injection and S$100 million in shareholder's loan...

Hyflux gets more time for AGM, financial results

Troubled water treatment firm Hyflux has been handed further deadline extensions by the Singapore Exchange to announce financial results and hold its annual general meeting (AGM).

Hyflux gets deadline extensions to announce 2018/19 financial results

HYFLUX has been handed further deadline extensions by the Singapore Exchange to announce its FY2018, first- and second-quarter 2019 financial results, and hold its FY2018 annual general meeting (AGM).

Hyflux unit restructures $121.3m loan for desalination plant in China

SINGAPORE - Hyflux said its wholly-owned unit Tianjin Dagang Newspring Co Ltd (TDN) has successfully restructured a 617 million yuan (S$121.3 million) Bank of China loan.

Deadline for Hyflux-Utico deal extended

United Arab Emirates utility Utico FZC has extended a deadline for entering into a binding agreement with debt-ridden water treatment firm Hyflux to June 27, according to a Singapore Exchange...

Chinese power service provider eyeing Hyflux assets

DEBT-RIDDEN water treatment firm Hyflux has received a fourth non-binding letter of intent (LOI) for a potential investment from a Chinese power service provider.

Hyflux in talks with seven parties; aims to pick suitor by mid-June

HYFLUX is in talks with seven different parties for a potential cash infusion, and plans to enter into a binding term sheet with one of them by mid-June.

Hyflux says Utico's offer to small investors 'exploratory in nature'

Ahead of today's High Court hearing on whether Hyflux will get a further reprieve from creditors, the beleaguered firm clarified yesterday that there is no binding agreement with potential...