SINGAPORE (Dec 4): Malayan Banking has granted a third deadline extension to Hyflux in its search for a buyer for the loss-making Tuaspring water and power plant.

The creditor deadline will be extended to Dec 28 from Nov 29, Hyflux announced in a regulatory filing on Tuesday.

In the original deal reached with Maybank in July, Hyflux had until Oct 15 to execute a binding agreement with a successful bidder for Tuaspring.

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