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 than S$200 million in liquidation. This amount is far less than what Hyflux, once one of the most promising firms in Singapore, owes its creditors and shareholders. Hyflux has been under judicial management by Borrelli Walsh Ltd since November 2020. … Continue reading Creditors, shareholders face losses as Hyflux likely to get less than S$200 million in liquidation