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Hyflux's loss hits S$116m; it won't redeem perps until Tuaspring stake is sold

Singapore

AMID delays in asset sales and payments from customers, Hyflux said on Tuesday that it will not redeem its retail perpetual securities until it divests its unprofitable Tuaspring project.

A S$400 million tranche of Hyflux's perps reach their first call date on April 25.

sentifi.com

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