You are here

PREMIUM

Sias objects to potential rescue offers for Hyflux that exclude PnPs

Singapore

THE Securities Investors Association (Singapore), or Sias, asserted that it will not support any plan to rescue Hyflux that lacks a "concrete proposal" to resolve the debts due to holders of the embattled firm's perpetual and preference shares (PnPs).

In a press statement...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes