Hyflux unit to hold stake in China water projects

SINGAPORE'S water and environmental solutions company Hyflux on Wednesday said that its wholly owned subsidiary, Hyflux Capital (Singapore), has entered into a shareholders' agreement with Tuspark Technology Services Investment (Tuspark TSI) to set up an investment holding company.

Hyflux Capital (Singapore) will have a 25 per cent shareholding interest in the investment holding company, which will hold strategic investments in water projects in China, Hyflux sa…