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Published Tue, Aug 4, 2020 · 09:50 PM

Hyflux

UTICO has again extended the deadline of its proposed rescue deal for Singapore's Hyflux, this time by a month. The ailing water treatment company now has until 5pm on Aug 30 to accept the offer.

The offer will remain open for acceptance this month irrespective of whether a judicial manager is appointed or not, the Middle Eastern utility firm said. An unsecured working group of bank lenders is preparing to fi…

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