Hyflux goes under judicial management

Singapore—Embattled water treatment firm Hyflux has been placed under judicial management, after Justice Aedit Abdullah on  Nov 16 (Monday) said that the repeated extension for the company’s debt moratorium needs to “come to an end at some point”. The water treatment firm’s application for a stay on the decision was denied. An unsecured working group (UWG) … Continue reading Hyflux goes under judicial management