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Court extends Hyflux debt moratorium to end of April 2019

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

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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.

HyfluxInsolvencyDebt restructuring

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