TROUBLED water treatment firm Hyflux and three of its subsidiaries have applied to the court for a further extension of its debt moratorium.
The Middle Eastern utility company that is lining up a rescue deal to save embattled water treatment firm Hyflux is planning to list here.
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.
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 has demanded payment of another S$33.6 million from Tuaspring, the subsidiary of the debt-ridden water treatment company Hyflux.
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...
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.