Corporate digest

Hyflux

THE Securities Investors Association Singapore (Sias) will help form informal steering committees of noteholders and securityholders to help Hyflux engage with these stakeholders during a reorganisation exercise, Hyflux said. As it works towards a debt restructuring, Hyflux owes note- holders S$265 million. Another S$900 million is owed to perpetual and preference shareholders.

Noteholders and securityholders interested in joining the informal steering committees are to inform Sias by sending their contact details and details of their security via e-mail to admin@sias.org.sg or by phone (6227-2683) by 4pm on Aug 2.