The Business Times
business-time-50

Hyflux winding-up hearing adjourned after intervention by Utico

google-preferred-sourceAdd BT as a preferred source

Claudia Tan HS

Published Mon, Jul 12, 2021 · 09:50 PM

    Singapore

    WHITE knight suitor Utico is making a last-ditch attempt to intervene in Hyflux's winding-up process.

    This follows a hearing before High Court Justice Aedit Abdullah on the winding-up application filed last month by Hyflux's judicial managers (JMs) from Borrelli Walsh after restructuring negotiations with potential investors had fallen through.

    HyfluxDebt restructuringjudicial managementLiquidation

    TRENDING NOW

    The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

    Philippines’ income upgrade hides grim reality for most Filipinos

    The Australian dollar rose 0.2 per cent to US$0.7001 on Monday. 

    Australia, New Zealand dollars climb as oil slide eases rate concerns

    Justin Quek, CEO of OrangeTee and Deputy Group CEO of Realion Group (right), with Dr Tan Tee Khoon, head of KF Property Network.

    Knight Frank winds down real estate agency unit, agents to move to OrangeTee & Tie

    BYD CEO Wang Chuan-Fu fought back tears during an investor meeting last year when discussing “short-term pressures” facing the company and being “misunderstood.” 

    BYD’s car discounts show China’s EV price war is getting worse

    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