No binding offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report s published over the weekend.
NO BINDING offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report s published over the weekend.To continue reading
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UAE’s Utico submits binding offer to invest in indebted HyfluxUtico FZC has submitted a binding offer to invest $400 million in Singapore's indebted water treatment company Hyflux, the chief executive of the United Arab Emirates-based utility said yesterday. Utico had submitted a non-binding letter of intent this month to invest in...
Source: thenewpaper - 🏆 7. / 63 Read more »
UAE's Utico submits binding offer to invest in Hyflux: CEOABU DHABI: United Arab Emirates-based utility firm Utico has submitted an offer for a binding agreement to invest in Singapore's Hyflux Ltd, ... 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:(
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
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 »
Middle East's Utico submits $400m binding offer to invest in HyfluxThe move comes after the private utility and developer submitted a non-binding letter of intent in May 3.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Hyflux clarifies it has not received binding offer from UticoNO binding offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report that was published over the weekend. Read more at The Business Times. So much for the Utico Legally Binding Draft Offer to Hyflux. Someone is clearly drunk!!! Not cool, Mr Richard Menezes .... not from United Arab Emirates!!! Come back when sober.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux says it has ‘not accepted or entered’ into binding agreement with UAE’s UticoSINGAPORE: Hyflux on Tuesday (May 14) said it “has not accepted or entered” into a binding agreement with United Arab Emirates utility ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Daily Debrief: What Happened TodayTemasek, UOB invest US$200m into venture debt firm InnoVen Capital; Hyflux clarifies it has not received binding offer from Utico at
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 »
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 »
Hyflux set to lose Tuaspring Integrated Water and Power PlantHyflux is set to lose its Tuaspring Integrated Water and Power Plant (IWPP), which was once its largest asset but has now been flagged by some analysts as a millstone around the embattled water treatment company's neck. Yesterday, it announced that Maybank, Tuaspring's only... Cheers to PUBsingapore
Source: thenewpaper - 🏆 7. / 63 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 »