Singapore companies

MAS says it has not uncovered any impropriety by DBS

The Monetary Authority of Singapore (MAS) said yesterday that its supervisory reviews to date have not uncovered any impropriety on the part of DBS in performing its roles as both issue manager...

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.

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.

Hyflux refutes 'belated allegations' by Indonesian investor group

SINGAPORE - Hyflux rebutted earlier statements made by Salim-Medco consortium SM Investments, in a filing to the Singapore Exchange on Saturday night (March 30).

Hyflux's SGX filing reveals deal with white knight is on shaky ground

The tangled affairs of beleaguered water treatment firm Hyflux have become even more fraught with conflicts flaring with the white knight investor that holds the company's survival in its hands...

Hyflux moves April 5 scheme meetings to larger venue

SINGAPORE - Hyflux announced on Wednesday night (March 27) a change in location for its upcoming scheme meetings in order to accommodate a larger number of attendees.

Hyflux saga: Investor watchdog asks PUB for evidence SMI will walk away from restructuring offer

SINGAPORE - Investor watchdog Securities Investors Association (Singapore), or Sias, on Tuesday afternoon (March 26) asked national water agency PUB if it had "any intimation" from white knight...

Fintech start-up gets nod to advise retail investors

A Singapore-based fintech start-up backed by a Chinese counterpart and insurer FWD Group has secured a capital market services licence to offer digital investment advisory services to retail...

Hyflux says deal with Indonesian investor at risk due to Tuaspring default

SINGAPORE - Hyflux's restructuring agreement with SM Investments Pte Ltd may be terminated if defaults by Hyflux subsidiary Tuaspring Pte Ltd are not remedied within two weeks, the water treatment...