was determined, and if the purchase price should instead be"the equivalent replacement cost of building or an equivalent plant".
"TPL itself has stated that there is a high likelihood for this. The desalination plan has been and will likely continue to lose money for the next few years," said PUB, stating that more costs will be incurred to make good the plant and ensure that it operates reliably for its remaining lifespan. READ: Hyflux’s Tuaspring plant: The ‘noose around the neck’ that needs to be sold, but can it be done?
"Hyflux has also noted that PUB's actions, in the event PUB elects to terminate the WPA, would alleviate the pressure on the rest of the Hyflux group, and also positively impact Hyflux's value and hence the value of the Hyflux shares being offered.
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Investor watchdog questions PUB over purchase price of Tuaspring desalination plantSINGAPORE: Investor watchdog Securities Investors Association Singapore (SIAS) has asked PUB to clarify how a zero-dollar purchase price for the ... Why not TSDP eff it's part of the contract BIG! SG longterm plan for water security & self sufficiency severely damaged! Investors cannot expect to see $$$ & have profits all the time! Sometime need to plan for getting their 'hands burned'! Blame your trusted CEO pls. Move to. Derail the much negotiated investor rescue bid and kill all deals and poor investors whacked Too bad , business is like that , big makan small ...PUB = Government , what a good time for government to makan all investor's money , not their fault , who told u invest ? Investment risk factor always there
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PUB agrees to extend Tuaspring default notice period to Apr 30SINGAPORE: Tuaspring has been granted a longer time period in which to remedy defaults related to its water purchase agreement with PUB. The ...
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SIAS calls on Hyflux to clarify if rescue deal from Indonesian investors ‘is still on the table’SINGAPORE: Recent developments, such as being slapped with a default notice from national water agency PUB, have thrown up uncertainties about the ...
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PUB agrees to extend Tuaspring default notice period to Apr 30SINGAPORE: Tuaspring has been granted a longer time period in which to remedy defaults related to its water purchase agreement with PUB. The ...
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