Aqua Munda prepared to make offer to Hyflux PnP holders: Sias

Singapore

POTENTIAL Hyflux investor Aqua Munda is prepared to make an offer to the preference shares and perpetual securities (PnP) holders of Hyflux, the Securities Investors Association (Singapore) or Sias has said.

In a statement on Tuesday, Sias president and chief executive officer David Gerald said Aqua Munda had reached out to Sias on Monday; it was seeking to understand the concerns of the PnP holders, so that the firm could factor these into its plans to make an offer for Hyflux.