Hyflux mystery white knight is UAE's Utico

Embattled water treatment firm Hyflux could get a $400 million lifeline from UAE utilities provider Utico FZC for "equity and working capital purposes and possible urgent interim funding", the...

Combing through Hyflux's 'no haircut' plan

HYFLUX wants to woo investors with a new proposal.

Bond sellers come under scrutiny after Hyflux's troubles

HONG KONG • The collapse of Singapore's water treatment firm Hyflux has increased investor scrutiny of other debt-laden companies that sold bonds in the local currency.

Hyflux gets letter of demand from Maybank for payments 'immediately due and payable'

HYFLUX'S subsidiary Tuaspring has received a letter of demand from Maybank dated April 23 over payments the bank said were "immediately due and payable".

DBS's Piyush Gupta tackles questions ranging from Hyflux to climate change

DBS Group Holdings posted record earnings in 2018 but shareholders seemed more preoccupied with the bank's stand on duty of care and ethical investing at its annual general meeting on Thursday....

Olivia Lum says she will take S$1 salary until Hyflux is restructured

AMID cries for her to step down or be replaced by a judicial manager, Hyflux chief Olivia Lum has decided to take a pay cut in another late show of solidarity with retail investors who face...

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...

Hyflux in talks with new white knight investor for a $400 million injection

Hyflux called the potential white knight in an exchange filing on Thursday "a developer and owner of water and power utilities based in the Middle East with a reputable track record".

Hyflux receives letter of intent for S$400m investment; banks seeking judicial management

HYFLUX has received a non-binding letter of intent for a possible S$400 million injection from an owner and developer of water and power utilities based in the Middle East, the troubled water...

Hyflux applies for 3-month debt moratorium extension, hit with fresh US$65m in claims

HYFLUX and three of its subsidiaries have applied to the Singapore High Court for an additional three-month reprieve from its creditors as it works on another plan to avoid liquidation, it announced...