Source: Loan Digest (loandigest.net)
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Hyflux says it could get as much as S$500 million from Oyster Bay FundSINGAPORE: Hyflux revealed on Friday (May 10) that it is engaging with global multi-strategy fund Oyster Bay over a possible investment of up to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux mystery white knight is UAE's UticoEmbattled water treatment firm Hyflux could get a $400 million lifeline from UAE utilities provider Utico FZC for 'equity and working capital purposes and possible urgent interim funding', the company said in an SGX announcement late on Friday.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hyflux reveals Oyster Bay Fund as another potential white knight with $500m lifelineSINGAPORE - Another potential investor has deepened talks with Hyflux as the insolvent water treatment firm searches for fresh funds to stave off liquidation.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hyflux says it could get up to S$500m from Oyster Bay FundANOTHER potential investor has deepened talks with Hyflux as the insolvent water treatment firm searches for fresh funds to stave off liquidation. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux fends off bid to put it under judicial managerLike a cat with nine lives, Hyflux has managed to fend off a bid by seven banks to start the legal process to have the troubled water treatment firm placed under judicial management.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Court dismisses application from seven unsecured banks to be carved out of Hyflux debt moratoriumSINGAPORE: The Singapore High Court on Tuesday (May 7) denied a group of seven unsecured banks the go-ahead to be carved out of the debt ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux fends off move by seven banks to opt out of moratoriumCREDITORS who want Hyflux put under a judicial manager (JM) will have to save their fight for another day. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux reveals UAE utility firm Utico as investor behind potential S$400m injectionSINGAPORE: Hyflux late on Friday (May 3) revealed that United Arab Emirates utility company Utico FZC as the new white knight that could give it a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux reveals UAE utility firm Utico as investor behind potential S$400m injectionSINGAPORE: Hyflux late on Friday (May 3) revealed that United Arab Emirates utility company Utico FZC as the new white knight that could give it a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux says it could get S$400m from UAE utility group UticoWATER treatment company Hyflux could get an emergency injection of S$400 million from Emirati utilities group Utico FZC, it said in a bourse announcement late on Friday night. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Perps as equity: Hyflux saga shows rethink neededTHE Hyflux saga has been in the news in recent months. One key area of contention is the accounting treatment for its perpetual securities, or perps. This article examines current accounting practices for perps and suggests a rethinking of the accounting issues. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »