Hyflux

Regulatory Action

MAS boosts enforcement to send message on financial crime

MAS is “actively studying” investor compensation

Regulatory Action

Singapore's probe into Noble Group to conclude in 3Q, says MAS

Besides Noble, MAS says investigations on Hyflux, Eagle Hospitality Trust and nickel trading scam, are ongoing
Court grants Hyflux winding-up order - THE EDGE SINGAPORE

Company in the news

Court grants Hyflux winding-up order

The ruling came in a hearing that was adjourned from July 12 after Utico attempted to intervene.

Company in the news

KIT to buy Hyflux's 30% share in SingSpring desalination plant for $12 mil

The acquisition is subject to the approval of PUB and the relevant creditors.

Company in the news

Hyflux may get under $200 million in liquidation

Proceeds of that size from the liquidation would confirm creditors’ concerns that they may get little back from the company

Bonds and treasuries

Why bond covenants matter

There is the temptation to overlook promises, but do not count on the odds to be always in your favour.
Hyflux has at least seven non-binding offers as cash runs out - THE EDGE SINGAPORE

Company in the news

Hyflux has at least seven non-binding offers as cash runs out

Hyflux is Singapore’s most high-profile debt-restructuring case that has dragged on.

Regulatory Action

SGX tightens rules on auditors, property valuers

Valuers must have at least five years of experience in valuing properties in a similar industry, and be independent of the issuer.
Hyflux now has just $21.5 million in cash - THE EDGE SINGAPORE

Company in the news

Hyflux now has just $21.5 million in cash

Judicial managers Borrelli Walsh said earlier they were in talks with 14 new potential investors, on top of five existing ones
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