Hyflux winding-up hearing adjourned after intervention by Utico

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.