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Woke up this morning and was excited to see dozens of tweets announcing “Utico submits BINDING OFFER to Hyflux” but NONE of them described the details of the binding offer. I wish Breaking News would really be what Breaking News ought to be than teasers for twitter “likes” Sigh:(
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UAE's Utico submits binding offer to invest in Hyflux: CEOABU DHABI (REUTERS) - United Arab Emirates-based utility firm Utico has submitted an offer for a binding agreement to invest in Singapore's Hyflux Ltd, Utico's chief executive said on Sunday (May 12).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
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 attracts another white knight offering potential S$500 million lifelineSINGAPORE — Another white knight is looking to inject S$500 million into debt-ridden water technology firm Hyflux, which has been racing against time to find an investor.
Source: TODAYonline - 🏆 1. / 99 Read more »
Oyster Bay Fund 'mulling investment in Hyflux'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 The Business Times. MarissaLeeBT is this the Oyster Bay Fund that Hyflux is referring to? OR OR THIS
Source: BusinessTimes - 🏆 15. / 51 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 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 »
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 »
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 »
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 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 »
Daily Debrief: What Happened TodayUber valued at US$82b in IPO as market jitters, Lyft woes weigh, Hyflux says it could get up to S$500m from Oyster Bay Fund at
Source: BusinessTimes - 🏆 15. / 51 Read more »