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Utico to offer Hyflux PNP investors part cash redemption

Move is to garner shareholders' support, says Utico CEO


WITH just days to go before the May 29 High Court hearing on the moratorium of debt-ridden Hyflux, one of its suitors - Utico - said it would offer "part cash redemption" to the retail perpetual and preference shareholders (PNP) to garner their support.

Utico chief...

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