THE court on Friday decided that SM Investments (SMI) is entitled to assert its counterclaim for the S$38.9 million deposit placed in escrow, without leave from the court.

MIDDLE-Eastern full-service utility provider Utico is looking to enter Singapore with an upcoming project development, operations and marketing office in the city-state.

MIDDLE Eastern full-service utility provider Utico is looking to enter Singapore with an upcoming project development, operations and marketing office in the city-state.

HYFLUX RESTRUCTURING

MIDDLE Eastern utility company Utico has regularly declared that it is locked, loaded and ready to go to the rescue of Hyflux, but court testimony on Monday suggested that the outcome may not be...

THE High Court on Monday granted Hyflux a two-month extension on its debt moratorium until Dec 2, after most of its creditors either took no position or showed support for the move, with the...

THE Securities Investors Association (Singapore) or Sias clarified on Sunday in a statement that it does not, in fact, support the Hyflux restructuring agreement by potential white knight Utico at...

THE Securities Investors Association (Singapore) or Sias clarified on Sunday in a statement that it does not, in fact, support the Hyflux restructuring agreement by potential white knight Utico at...

HYFLUX SAGA

POTENTIAL white knight Utico has said it supports a further extension of Hyflux's debt moratorium - as long as the insolvent water treatment firm can confirm there will be no "value leakage", and...

POTENTIAL white knight Utico said it supports a further extension of Hyflux's debt moratorium – as long as the troubled water treatment firm can confirm there will be no "value leakage", and that...