SUBSCRIBERS
Hyflux says no definitive deal yet with potential white knight Utico
Published Thu, Aug 29, 2019 · 09:50 PM
Singapore
HYFLUX has rebutted an assertion by potential white knight Utico that they had struck a rescue deal.
In a statement late on Wednesday, the embattled water firm clarified that a definitive agreement had not yet been entered into with Utico, pending resolution on "certain final outstanding issues" in the draft definitive agreements.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Philips pays US$1.1 billion in US settlement over ventilator recall
Tesla clears key regulatory hurdles for self-driving in China during Musk’s visit
Hot stock: Seatrium up 5.6% on S$100 million share buyback programme
Norway sovereign wealth fund backs HSBC bonus policy reform
Shell earns US$1 billion a year from US crude trading, court filing shows
Sembcorp announces long-term power purchase agreements with Equinix