SINGAPORE (Apr 25): Hyflux International, the debt-laden water company facing potential liquidation, has been granted a one-month extension of its debt moratorium to May 24 although it had asked for an extra three months.

See: Hyflux applies to extend debt moratorium by another three months; slapped with fresh claims of US$65 mil

“Arguments for further extensions can be made either on May 7 or 13. Carve-out arguments put forth by some creditors seeking judicial management will be heard on May 7. If approved, the JM hearing will be on May 13,” local media reported.

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