Hyflux International (Hyflux)

Utico's courtship of Hyflux still met with cool response - THE EDGE SINGAPORE

Company in the news

Utico's courtship of Hyflux still met with cool response

There seems to be no resolution to the rescue deal between embattled water treatment firm Hyflux and its Middle Eastern suitor Utico FZC.

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.

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