Malaysian Billionaire Francis Yeoh Secures Singapore’s Tuaspring Power Plant for S$270M
Gas-fired power plant Hyflux Tuaspring has been acquired by YTL Power International, a company managed…
High Court approves Hyflux liquidation; 34,000 retail investors likely to walk away empty-handed
Singapore—The High Court approved the appeal from judicial managers for the liquidation of Hyflux on…
Hyflux in waiting for their white knight, Utico, to put down $10million deposit as confirmation of restructuring plan
Singapore — The plan from judicial managers for the liquidation of embattled water treatment firm…
Would-be white knight Utico makes a last-ditch attempt to prevent Hyflux liquidation
Singapore — The winding-up of embattled water treatment firm Hyflux has been stopped by another…
Creditors, shareholders face losses as Hyflux likely to get less than S$200 million in liquidation
Singapore—According to a Bloomberg report, embattled water treatment company Hyflux is likely to fetch less…
Embattled Hyflux reportedly only has S$21 million left
Singapore—An anonymous source familiar with beleaguered water treatment firm Hyflux told Bloomberg that the company…
Hyflux goes under judicial management
Singapore—Embattled water treatment firm Hyflux has been placed under judicial management, after Justice Aedit Abdullah on …
Simon Tay resigns from director post at Hyflux
Singapore—Embattled water treatment firm Hyflux announced on February 7 (Friday) that Simon Tay, who had…
S$400 million Hyflux-Utico deal confirmed
Singapore—On Tuesday, November 26, a S$400 million restructuring agreement between embattled water treatment company Hyflux…
Hyflux: No definitive agreement with Utico just yet
Singapore—While reports emerged that United Arab Emirates-based utility Utico had already struck a restructuring deal…