HYFLUX is in talks with seven different parties for a potential cash infusion, and plans to enter into a binding term sheet with one of them by mid-June.

HYFLUX SAGA

HYFLUX on Wednesday said that it has received a non-binding letter of interest (LOI) from an unidentified potential investor to acquire certain assets of the water treatment firm in Algeria, Oman...

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

ANOTHER potential investor has deepened talks with Hyflux as the insolvent water-treatment firm searches for fresh funds to stave off liquidation.

ANOTHER potential investor has deepened talks with Hyflux as the insolvent water treatment firm searches for fresh funds to stave off liquidation.

HYFLUX SAGA

CREDITORS who want Hyflux put under a judicial manager (JM) will have to save their fight for another day.

WITH New York-listed Seaspan Corp dangling a rescue deal for debt-racked Swiber Holdings, the offshore and marine group's creditors are headed for a vote on the restructuring on May 29.

OFFSHORE and marine company Falcon Energy Group will offer step-up coupon payment on certain notes due in 2020, in a revised debt plan presented to noteholders on Thursday.

SINGAPORE is a step closer to fulfilling its aim to become an international debt restructuring hub, akin to London or New York, after a landmark ruling by an English court to recognise the city-...

NEWS ANALYSIS

HYFLUX wants to woo investors with a new proposal.