Corporate digest

Hyflux

CASH-STRAPPED water company Hyflux has been given a new deadline to find a buyer for the loss-making Tuaspring plant, it said on Tuesday.

Maybank, Tuaspring's only secured creditor, has pushed the date back from Nov 29 to Dec 28. Under a July agreement, Hyflux initially had until Oct 15 to execute a binding agreement with a bidder or investor.