Hyflux yet to seek extension of debt moratorium
Judge says he'll need to see feasible plan before agreeing to any extension; company restarting talks with creditors to explore outcomes other than liquidation
Add BT as a preferred source
Singapore
HYFLUX will restart talks with its creditors to explore outcomes other than liquidation, but has not decided yet on whether it will seek an extended debt moratorium from the Singapore High Court.
WongPartnership lawyer Manoj Sandrasegara, who represents Hyflux, told a case management conference on Thursday: "I have no instruction at this stage to apply to extend the moratorium.
TRENDING NOW
Xi Jinping has just rewritten the rules of US-China rivalry
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
Germany, Spain push back on European plan to ban Huawei gear
