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Aqua Munda
Restructuring
Aqua Munda still 'interested' in buying over Hyflux's debt
In a letter to Hyflux CEO Olivia Lum and its board of directors sent on Tuesday (June 2), Aqua Munda’s director Bambang Sugeng bin Kajairi says that the company is still “interested” in buying over Hyflux’s debt.
June 04, 2020
Management & Corporate Governance
Hyflux bond investors lose hope of recovering any money
Some investors have hoped the government would step in to help, despite it repeatedly rejecting calls to bail out Hyflux, saying the restructuring is a “commercial matter.”
January 31, 2020
Management & Corporate Governance
Hyflux's legal adviser plans to walk off, adding to woes
(Jan 30): Singapore’s highest-profile distressed company, Hyflux, faces more woes after its legal adviser said it plans to walk off.
January 30, 2020
Restructuring
SIAS calls on Aqua Munda to show 'more transparency' in bid for Hyflux debt
SINGAPORE (Dec 30): Securities Investors Association (Singapore) (SIAS) is urging Hyflux’s investor Aqua Munda to be more transparent, referring in particular to its invitation memorandum on Friday.
December 30, 2019
Restructuring
Hyflux gets offer from new investor to purchase debts of $1.8 bil from creditors, subsidiaries
SINGAPORE (Dec 18): Hyflux, the debt-laden water treatment company that is undergoing restructuring, said it has received an offer to buy its debt.
December 18, 2019