The Business Times
business-time-50

Utico has so far submitted draft term sheet, not binding offer: Hyflux

google-preferred-sourceAdd BT as a preferred source
Published Tue, May 14, 2019 · 09:50 PM

    Singapore

    NO BINDING offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report s published over the weekend.

    In the report dated May 12 and titled "UAE's Utico submits binding offer to invest in Hyflux: CEO", Utico's chief executive Richard Menezes told Reuters that the United Arab Emirates-based utility firm had submitted a binding term sheet to Hyflux last week.

    Hyflux

    TRENDING NOW

    Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

    1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    Cold Storage’s first On The Go store opened at the Esso petrol station in East Coast Road on Aug 3.

    Cold Storage moves into convenience retail with On The Go, to replace FairPrice at 58 Esso stations

    As Asia races to build its AI infrastructure, securing sufficient copper is becoming almost as key as securing the electricity to power it, say analysts.

    Why copper is becoming Asia’s next AI bottleneck

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More