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Hyflux releases FAQs on winding up including date of hearing and why Utico's offer wasn't accepted

Felicia Tan
Felicia Tan6/24/2021 7:30 PM GMT+08  • 3 min read
Hyflux releases FAQs on winding up including date of hearing and why Utico's offer wasn't accepted
Any distributions will also be made according to holders’ priority in the capital structure.
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Hyflux has, on June 24, unveiled a list of frequently asked questions (FAQs) in a bid to provide more clarity to its stakeholders.

The list, comprising seven questions, was filed on the Singapore Exchange (SGX) after trading hours.

In the list, Hyflux revealed that the winding up of the company and Hydrochem, which is currently under judicial management, will be heard on July 12.

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