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Hyflux says no definitive deal yet with potential white knight Utico

Vivienne Tay
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.

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