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HYFLUX RESTRUCTURING

Other white knights waiting in the wings, says Hyflux's lawyer

Sticking points in deal put Utico's position in doubt; talks to carry on with other parties

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Middle Eastern utility company Utico has regularly declared that it is locked, loaded and ready to go to the rescue of Hyflux, but court testimony on Monday suggested that the outcome may not be so clear.

Singapore

MIDDLE Eastern utility company Utico has regularly declared that it is locked, loaded and ready to go to the rescue of Hyflux, but court testimony on Monday suggested that the outcome may not be so clear.

Hyflux lawyer Manoj Sandrasegara was, however, quick to assure the...

sentifi.com

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