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Sharanya Pillai
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Singapore
HYFLUX is expecting the axing of a previous settlement agreement with Mitsubishi Heavy Industries (MHI) to result in a "material adverse financial impact", the embattled water treatment firm said on Monday.
Last week, BT reported that Hyflux has signed a new agreement in relation to its TuasOne waste-to-energy project, which novated the engineering, procurement and construction (EPC) contract to MHI.
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