SM Investments

SINGAPORE (Sept 30): Distressed water treatment company Hyflux has bought itself yet more time, after the High Court on Monday granted another two-month extension of its debt moratorium to Dec 2.

SINGAPORE (Apr 4): Water treatment company Hyflux said on Thursday that a lifeline deal with its prospective Indonesian investor had been terminated, throwing the beleaguered Singaporean firm's debt restructuring plans into doubt.

SINGAPORE (April 1): A rare public protest in Singapore on Saturday underscored mounting anger among investors set to suffer sharp losses in one of the country’s highest-profile corporate debt restructurings.

SINGAPORE (Mar 22): PUB says it will terminate the water purchase agreement with Hyflux subsidiary Tuaspring Pte Ltd (TPL) if the water treatment firm is not able to fix its defaults by April 5.

SINGAPORE (Mar 18): Hyflux’s restructuring agreement with investor SM Investments may be aborted if defaults by Hyflux subsidiary Tuaspring Pte Ltd (TPL) are not remedied within two weeks.

SINGAPORE (Dec 4): Malayan Banking has granted a third deadline extension to Hyflux in its search for a buyer for the loss-making Tuaspring water and power plant.