You are here

Hyflux disputes white knight's claims of recourse to pull out from deal

If Salim-Medco "wrongfully terminates" the agreement, Hyflux said it would lay claim to S$38.9 million deposit placed in escrow

Singapore

TROUBLED water treatment company Hyflux has disputed Salim-Medco's assertion that actions by the Public Utilities Board (PUB) and buyers of water from its Magtaa desalination plant in Algeria - known as offtakers - constitute events that will allow the Indonesian group to pull...

sentifi.com

Market voices on: