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Promised cash infusion from Hyflux’s white knights insufficient to go around

Goola Warden
Goola Warden • 7 min read
Promised cash infusion from Hyflux’s white knights insufficient to go around
SINGAPORE (Oct 29): Hyflux’s noteholders, preference shareholders and holders of perpetual securities have to be prepared for a substantial haircut while equity shareholders need to be prepared for significant dilution when the water company’s restruc
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