One of two approved suitors puts in bid for Hyflux's Tuaspring
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Singapore
EMBATTLED water treatment firm Hyflux Group said on Friday that only one of two parties approved by regulatory authorities has put in a bid for its Tuaspring water and power project, and that the bid is being assessed.
Hyflux, which is seeking to restructure its debt, said that it could not provide further details because of confidentiality requirements, as well as to protect the company's interests in ongoing negotiations.
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