Hyflux winding-up hearing adjourned after intervention by Utico
Claudia Tan HS
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.
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