HYFLUX is likely to seek an additional four months of reprieve from creditors before its current court-approved debt moratorium expires on Dec 18.

HYFLUX is likely to seek another four months of reprieve from creditors before its current court-approved debt moratorium expires on Dec 18.

A CONSORTIUM comprising two major Indonesian groups - conglomerate Salim Group and energy giant Medco Group - has agreed to give Hyflux a S$400 million equity injection, in exchange for a 60 per cent...

[SINGAPORE] Singapore is giving liquidators of insolvent companies a new tool to retrieve funds for bondholders and other creditors.

AS THE clock ticks down to the Dec 18 deadline when Hyflux's debt moratorium will expire, the survival of the insolvent water project developer could hinge on whether any strategic investors...

AS the clock ticks down to the Dec 19 deadline when Hyflux's debt moratorium will be lifted, the survival of the insolvent water project developer could hinge on whether any strategic investors...

BELEAGUERED Swiber Holdings is pressing on with its bid to resurrect as a power generation business through pursuing a US$200 million equity deal with New York-listed box ship player, Seaspan Corp.

BELEAGUERED Swiber Holdings on Wednesday disclosed a US$200 million equity deal that is in the making with New York-listed box ship player, Seaspan Corp, just days after it announced the expiry of a...

PARLIAMENT

SHORTLY after filing for a moratorium to support its restructuring proceedings, certain creditors of Hyflux declared an event of default had occurred. Based on this, the creditors exercised their...

SHORTLY after filing for a moratorium to support its restructuring proceedings, certain creditors of Hyflux declared an event of default had occurred. Based on this, the creditors exercised their...