Letter of Intent (LOI)

The LOI is pending the finalisation of a definitive contract for EPC work for BP's Kaskida FPU project.

The final contract award is subject to the final investment decision by the project's partners Shell and Equinor.

The strategic partnership marks the first overseas foray for the fuel products provider.

Medtecs says it will make further announcements in relation to the partnership.

The signing of this LOI signifies the first step towards trade data connectivity between the two Customs administrations

SINGAPORE (June 15): Hyflux has received another non-binding letter of intent (LOI) for a potential investment in the group by an investor based in China.

SINGAPORE (June 6): Acromec has entered into a letter of intent (LOI) to collaborate on owning and operating a private fertility centre backed by a “leading US fertility centre” as a strategic investor and advisor.  

SINGAPORE (May 16): Hyflux on Wednesday announced it had received a non-binding letter of interest from a potential investor to acquire certain of the company’s assets in Algeria and Oman, as well as other assets in the Middle East and North Africa regi

SINGAPORE (May 6): Hyflux has identified Utico FZE as its next potential white knight investor which might make a capital injection of $400 million, weeks ahead of its extended debt moratorium until May 24.

SINGAPORE (Mar 20): Oxley Gem, a subsidiary of Oxley Holdings, has terminated the letter of intent (LOI) it received from Gracious Land in Jan for the $950 million purchase of its Mercure and Novotel hotels, after not receiving a subsequent deposit of $38