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…
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…
Would-be Hyflux white knight urges water treatment firm to choose investor “without delay”
Singapore—Middle Eastern utility company, Utico which has expressed interest in investing in Hyflux, the beleaguered…
Hyflux white knight Utico to buy 88% stake for S$535 million
Singapore—Middle Eastern utility company Utico will buy an 88 percent stake in beleaguered water treatment…
Utico extends Hyflux signing deadline to June 27, requests town hall for shareholders by July
Singapore—Embattled water treatment company Hyflux has received an extension from Middle East utility company Utico…
Hyflux gets 2-month extension on debt moratorium
Singapore— While Hyflux continues to meet with potential investors to discuss a rescue and restructuring…
Hyflux has not yet agreed to definite concessions, still on the lookout for other investors
In its continued search for potential investors, Hyflux confirmed in a statement that it had…
Hyflux’s 34,000 retail investors may get cash redemption from white knight Utico
Singapore—In what seems like a ray of hope for the 34,000 retail investors who stand…
After severe cost-cutting, Hyflux’s Olivia Lum says the company has enough funds for 2-3 months operations
Singapore--Hyflux founder Olivia Lum has said in court documents that the embattled water firm has…