Hyflux International (Hyflux)

Company in the news

Wilton Resources defends common director with Hyflux in SGX query

SINGAPORE (June 11): Wilton Resources’ nominating committee has decided that the company will retain Teo Kiang Kok as its lead independent non-executive director.

Company in the news

Jadason Enterprises director, who is also a director of Hyflux, also under investigation

SINGAPORE (June 9): The independent non-executive director of Jadason Enterprises, Teo Kiang Kok, who is also a director of Hyflux, is under investigation for suspected false and misleading stateme

Company in the news

Hyflux and directors under joint probe by CAD, MAS and ACRA

SINGAPORE (June 2): Hyflux, which is struggling with its long-drawn restructuring process, now faces a joint probe by the Commercial Affairs Department (CAD), the Monetary Authority of Singapore (M

Debt and defaults

What are the lessons from the Hyflux haircut?

(Dec 20): In the 1970s, long-haired visitors to Singapore were required to cut their hair on arrival as unkempt locks were linked to hippie culture.

Restructuring

Hyflux finally signs $400 mil rescue deal with Utico

SINGAPORE (Nov 26): Embattled Singapore water treatment firm Hyflux has finally signed a $400-million restructuring agreement with Middle Eastern utility player Utico FZC.

Markets

Singapore studies tightening bonds, REITs regulation

(Aug 7): Singapore is examining ways to tighten regulation of retail bond issues and the real estate investment trust sector as it steps up investor protection in the city-state.

Company in the news

Hyflux could get $535 mil lifeline from white knight Utico

SINGAPORE (July 16): After months of high tension drama as it teetered on the brink of bankruptcy, Hyflux looks like it is finally going to be saved by a white knight investor.

Restructuring

Hyflux gets non-binding letter of intent from China suitor

SINGAPORE (June 15): Hyflux has received another non-binding letter of intent (LOI) for a potential investment in the group by an investor based in China.

Restructuring

Hyflux's debt moratorium extended by 2 months to Aug 2; in talks with 7 investors

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.

Offer

UAE's Utico submits binding offer to invest in Hyflux: CEO

ABU DHABI (May 13): United Arab Emirates-based utility firm Utico has submitted an offer for a binding agreement to invest in Singapore's Hyflux, Utico's chief executive said on Sunday.

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