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Court extends Hyflux debt moratorium to end of April 2019

Published Mon, Nov 26, 2018 · 09:50 PM

Singapore

HYFLUX has convinced a Singapore High Court to extend its debt moratorium by four-and-a-half months to April 30 next year, despite arguments from some bank creditors that the insolvent firm should be kept on a tighter leash.

Justice Aedit Abdullah granted Hyflux the extension after hearing arguments from both sides on Monday.

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Insolvency

Debt restructuring

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Companies & Markets

Companies & Markets

Court extends Hyflux debt moratorium to end of April 2019

KEYWORDS IN THIS ARTICLE

Companies & Markets

TikTok tells advertisers: ‘We are not backing down’

EV automakers get reprieve in US tax credit rules

Nomura, Mizuho face losses on All Blue fund’s failed trades

Stablecoin Tether steps up monitoring in bid to combat illicit finance

HSBC asked by US$890 billion investor group to set energy goal

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

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