Singapore companies

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...

Hyflux admits $2.81b in claims after adjudication

Water treatment company Hyflux has tossed out some of the claims filed against it after adjudication, but the bulk of the $3.59 billion demanded by some 74 groups of claimants still stands.

Hyflux postpones Wednesday's townhall meeting, citing space constraints

SINGAPORE - Beleaguered water treatment company Hyflux has called off its town hall meeting on Wednesday (March 13) on its restructuring, citing space constraints at the original venue, in an...

Hyflux investors claw back bigger compensation sum

The 34,000-strong group of Hyflux perpetual securities and preference shareholders who are owed $900 million have succeeded in getting a bigger recovery after senior unsecured creditors agreed to...

Hyflux retail investors get bigger cash recovery after senior creditors give up part of their share

The 34,000-strong group of Hyflux perpetual securities and preference shareholders are owed $900 million.

Hyflux receives proofs of claims amounting to $3.51b from 73 parties

This comes after Hyflux had asked creditors and stakeholders to file proofs of claims ahead of scheme meetings to vote on its debt restructuring plan.

More Singapore firms expected to take part in Shanghai expo

China will continue to be a key market for Singapore companies, an Enterprise Singapore official said a day after Beijing cut its annual growth target.

PUB warning seen as wake-up call for Hyflux investors

The PUB threat to take control of the Tuaspring water and power plant unless defaults are fixed is a wake-up call for Hyflux investors unsure of how to vote on the restructuring plan on April 5,...

China remains key market for local firms, says Enterprise Singapore

SINGAPORE - China will continue to be a key market for Singapore companies, an Enterprise Singapore official said on Wednesday morning.