The Business Times
business-time-50

Hyflux plot takes another twist with new debt offer

Singapore-registered Aqua Munda is offering to buy a chunk of the company's debt

google-preferred-sourceAdd BT as a preferred source
Published Wed, Dec 18, 2019 · 09:50 PM

    Singapore

    THE unexpected entry of a new player has added yet another twist to the Hyflux plot, and may unsettle the rescue package currently on the table for the beleaguered water treatment and utilities company.

    This comes just as the Hyflux saga appears to be finding a resolution with the signing of the S$400 million rescue deal between the company and Middle Eastern utilities group Utico last month.

    Hyflux

    TRENDING NOW

    The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

    ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

    StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

    Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

    Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

    Sats slides 13.6% as investors dump shares on profit-margin squeeze

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More