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HYFLUX SAGA

Potential Hyflux investor Johnny Widjaja says funds earmarked for deal; will address PnP holders

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Mr Widjaja is developing a 6,000 hectare coastal industrial estate in Java, and sees Hyflux as a good fit for this venture because water treatment services are required for the industrial estate.

Singapore

JOHNNY Widjaja, who is making an offer to rescue Hyflux, is no stranger to Singapore - having attended primary and secondary school here.

The director of Singapore-incorporated Pison Investments made a formal offer earlier this month for the senior debts of beleaguered...

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