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 Hyflux may yet be avoided, provided the company’s would-be white knight puts its money where its mouth is. Utico, a Middle Eastern utility company, has been floated as a possible rescuer that would infuse some much-needed cash into beleaguered Hyflux … Continue reading Hyflux in waiting for their white knight, Utico, to put down $10million deposit as confirmation of restructuring plan