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Hyflux winding-up hearing adjourned after intervention by Utico

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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

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