The Business Times
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Hyflux hopes for a strategic investor as bank lenders grow skittish

Published Mon, Oct 8, 2018 · 09:50 PM

Singapore

AS THE clock ticks down to the Dec 18 deadline when Hyflux's debt moratorium will expire, the survival of the insolvent water project developer could hinge on whether any strategic investors come through.

WongPartnership lawyer Manoj Sandrasegara, who represents Hyflux, told a Singapore High Court on Monday that the company had "spent a lot of time" meeting with strategic investors in September to discuss deal terms.

HyfluxInsolvencyDebt restructuring

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