Tuaspring Integrated Water and Power Project

SINGAPORE (Nov 26): Embattled Singapore water treatment firm Hyflux has finally signed a $400-million restructuring agreement with Middle Eastern utility player Utico FZC.

SINGAPORE (Apr 10): If success has many fathers, failure in financial markets is no orphan either: It almost always ends up in the lap of retail investors.

SINGAPORE (Apr 6): Two mid-day announcements on April 4 by Hyflux and its rescuer SM Investments left both investors and market watchers confused. First, Hyflux cancelled the meetings to vote on a scheme of arrangement scheduled for April 5 and 8, beca

(Apr 4): One of Singapore’s highest-profile corporate debt restructurings was thrown into disarray on Thursday, as embattled water and power company Hyflux scrapped a pact with its would-be saviour.

SINGAPORE (Mar 29): Hyflux International says PUB has agreed to extend the default cure period for its Tuaspring Desalination Plant (TSDP) to April 30 from April 5.

SINGAPORE (Mar 4): Hyflux took an impairment hit of $916 million for the nine months ended Sept 30, to account for a fall in carrying value of the Tuaspring water and power plant and impairment of receivables for previously completed projects.

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.

SINGAPORE (Aug 6): DBS Group Research is still clinging on to the hope of a merger between Keppel’s offshore & marine arm and Sembcorp Marine despite the spinoff not happening in last year’s strategy review.

(Aug 3): Sembcorp Industries and Keppel Corp. are among parties planning to study bids for Hyflux’s biggest asset, according to people with knowledge of the matter, in a sale that’s key to helping the cash-strapped company get back on its feet.

SINGAPORE (June 20): The Singapore High Court on Tuesday granted Hyflux a six-month moratorium against its creditors with immediate effect, after the group filed its application last month.