Sias urges Hyflux to chase Salim- Medco for updates on rescue deal

Singapore

FIRST came a default notice from the national water agency, followed by an announcement that Hyflux's scheduled townhall meetings with retail investors would be postponed indefinitely.

Then potential investor Salim-Medco asserted its right to back out of a crucial rescue deal for Hyflux last week, but both sides have gone silent on what happens next.