Tuaspring Pte Ltd (TPL)

Management & Corporate Governance

Hyflux rescue bid by SMI falls through amid conflicting statements

SINGAPORE (Apr 6): Two mid-day announcements on April 4 by Hyflux and its rescuer SM Investments left both investors and market watchers confused.

Management & Corporate Governance

Hyflux scraps restructuring plan after spats with investors

(Apr 4): One of Singapore’s highest-profile corporate debt restructurings was thrown into disarray on Thursday, as embattled water and power company Hyflux scrapped a pact with its would-be saviour

Management & Corporate Governance

Hyflux survival in doubt as investor deal collapses

SINGAPORE (Apr 4): Water treatment company Hyflux said on Thursday that a lifeline deal with its prospective Indonesian investor had been terminated, throwing the beleaguered Singaporean firm's deb

Management & Corporate Governance

White knight SM Investments walks away from Hyflux rescue deal

SINGAPORE (Apr 4): Indonesian consortium SM Investments has aborted its proposed deal to invest in Hyflux, ending an agreement that was seen as a lifeline for the beleaguered water treatment compan

Management & Corporate Governance

PUB agrees to extend default cure period for Tuaspring to Apr 30

SINGAPORE (Mar 29): Hyflux International says PUB has agreed to extend the default cure period for its Tuaspring Desalination Plant (TSDP) to April 30 from April 5.

Management & Corporate Governance

Hyflux woes spark Singapore protests, nationalisation calls

SINGAPORE (Mar 26): Emotions are running high among some Hyflux retail investors who stand to lose almost everything in the collapse of Singapore’s once much vaunted water-treatment company.

PUB to take over Tuaspring plant if Hyflux cannot fix defaults by April 5

SINGAPORE (Mar 22): PUB says it will terminate the water purchase agreement with Hyflux subsidiary Tuaspring Pte Ltd (TPL) if the water treatment firm is not able to fix its defaults by April 5.

Restructuring

Hyflux restructuring in jeopardy if Tuaspring defaults not solved in 2 weeks

SINGAPORE (Mar 18): Hyflux’s restructuring agreement with investor SM Investments may be aborted if defaults by Hyflux subsidiary Tuaspring Pte Ltd (TPL) are not remedied within two weeks.

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