Hyflux

Hyflux says Salim-Medco rescue is off; both sides play the blame game

HYFLUX said on Thursday that a key rescue deal from the Salim-Medco group is officially off, with just weeks to go before the water and power plant company loses court protection from creditors...

Water firm Hyflux in race against time to stay afloat

There's no new viable suitor in sight yet for the one-time darling of Singapore's water sector.

Hyflux aborts rescue plan with time running out

Hyflux yesterday aborted a key investment deal with would-be saviour SM Investments (SMI) and cancelled a critical creditors' vote scheduled for today, throwing its own future into doubt. The...

Hyflux and SMI clash over what led to death of rescue deal

Hyflux and its former white knight SM Investments have clashed over what led to the death of a $530 million restructuring deal.

Hyflux says rescue deal with Indonesian investor terminated; cancels scheme meetings

SINGAPORE - Hyflux on Thursday said the key investment deal with Salim-Medco is now off the table and cancelled scheme meetings scheduled for April 5 and 8.

Flash: Hyflux says Salim-Medco investment is off; cancels scheme meetings

HYFLUX on Thursday said the key investment deal with Salim-Medco is now off the table and cancelled scheme meetings scheduled for April 5 and 8.

Hyflux's woes due to its own decisions, says EMA

Hyflux's financial woes are a "result of its own commercial decisions" and not down to actions by regulators, the Energy Market Authority (EMA) said yesterday.

Saying yes to restructuring won't stop any probe into Hyflux: Sias chief

THERE is no need for investors to worry that a "yes" vote to the restructuring of debt-ridden Hyflux would let wrongdoers off the hook, said Securities Investors Association (Singapore) chief David...

Hyflux saga demands better debt disclosure rules

CHINA is forcing companies to be more upfront about their debt loads, and Singapore should too.

Taxpayers cannot bail out Hyflux investors: Masagos

THE public can't be asked to bail out struggling water treatment company Hyflux's retail investors, Minister for the Environment and Water Resources Masagos Zulkifli has said.