Utico FZC

Hyflux put under judicial management with immediate effect - THE EDGE SINGAPORE

Company in the news

Hyflux put under judicial management with immediate effect

The High Court, on Nov 16, has ruled that beleaguered water treatment company Hyflux Limited will be put under judicial management (JM) with immediate effect, according to national broads

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

Utico says Hyflux delaying townhall to give potential rival Pison time

Utico FZC., the Middle Eastern suitor for Singapore’s Hyflux Ltd., said the embattled water treatment company delayed a virtual townhall meeting to give a potential rival time to make an offer to s

Management & Corporate Governance

Utico agrees to extend Hyflux’s binding offer to end August

Hyflux’s United Arab Emirates-based suitor Utico says it has agreed to extend its binding offer for Hyflux to accept by August 30, 5pm Singapore time.

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.

IPO

Hyflux suitor Utico eyes $500 mil Singapore IPO in 2 years

(July 26): United Arab Emirates-based utility Utico FZC plans to raise as much as $500 million through a listing on the Singapore Exchange in the next two years, according to chief executive office

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.

Management & Corporate Governance

Hyflux says 'progressing towards a deal' with Utico as binding agreement deadline lapses

SINGAPORE (July 11): Hyflux says it has had informal discussions with United Arab Emirates utilities group Utico FZC, even after the extended deadline for entering into a binding agreement lapsed o

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.

Management & Corporate Governance

No binding agreement with potential investor Utico yet: Hyflux

SINGAPORE (May 28): Embattled water company, Hyflux on Tuesday clarified in a Singapore Exchange filing that its recent meeting with Utico did not entail any binding agreements or conclusive number

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