SINGAPORE (May 30): The Singapore High Court has granted Hyflux a two-month extension of its debt moratorium, the company announced in a filing last night.

The next court hearing has been scheduled on Aug 2 at 2.30 pm.

The extension is subject to the continuation of ongoing weekly meetings with creditor representatives and updates on the running costs of the restructuring on a monthly basis, as well as an update on the restructuring on June 29.

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