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Sias presses Hyflux for update on restructuring

Fiona Lam

Fiona Lam

Published Mon, Sep 23, 2019 · 09:50 PM

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Singapore

THE Securities Investors Association (Singapore) or Sias is seeking an update on debt-ridden water treatment firm Hyflux's restructuring.

In his latest media statement, Sias chief David Gerald said the investors' rights advocacy group is "fully supportive" of the company's request for a two-month extension to facilitate negotiations with potential white knight Utico with a view to finalise and execute the proposed restructuring agreement.

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