Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
THE restructuring agreement just signed this week between debt-ridden Hyflux and white knight Utico might fall through, given that Hyflux’s unsecured bank lenders are said to be opposed to the deal.
The main reason is a success fee of up to S$25 million payable to Hyflux adviser nTan...