You are here

HYFLUX SAGA

Hyflux has till March 10 to get court okay for scheme meeting

Embattled company's new lawyers from Clifford Chance have until then to meet High Court deadline

BT_20200221_LMXHYFLUX_4040334.jpg
At the hearing, the judge ordered that by March 2, any opposing parties to the scheme have to indicate so to Hyflux's lawyers. He also extended Hyflux's moratorium to April 30.

Singapore

HYFLUX'S new lawyers from Clifford Chance have until March 10 to apply for leave from the High Court to convene its scheme meeting.

It will be a race to get all the documentation in order, especially an agreement on the amount of funds in Utico's pot of adviser fees, as...