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Hyflux receives term sheet from US fund manager

Published Wed, Nov 11, 2020 · 09:50 PM

Singapore

HYFLUX has received a term sheet for a negotiated transaction from American fund manager Strategic Growth Investments (SGI), the company said in an exchange filing on Tuesday night.

The term sheet is regarding the proposed re-organisation and restructuring of Hyflux and its other affiliated companies by certain investment funds managed directly or indirectly by SGI.

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