HYFLUX has taken a S$916 million impairment for the nine months ended Sept 30, to adjust for a fall in carrying value of the Tuaspring water and power plant and other write-downs.

THE Securities Investors Association (Singapore) or Sias is urging the Hyflux board to consider an alternative restructuring plan that could see retail perp and pref shareholders (PnPs) recover just...

HYFLUX has convinced a Singapore High Court to order a scheme meeting for creditors on April 5, where they will vote on whether to accept its proposed rescue plan.

HYFLUX has convinced a Singapore High Court to order a scheme meeting for creditors on April 5, where they will vote on whether to accept its proposed rescue plan.

NEWS ANALYSIS

THE desperate bid to save Hyflux from liquidation has taken many twists and turns, the latest being Hyflux boss Olivia Lum and her board of directors' offer to forfeit their shares in Hyflux as...

HYFLUX chief executive Olivia Lum is "deeply saddened for the pain and loss" suffered by those who invested in or lent money to her now-insolvent company...

HOCK LOCK SIEW

CORPORATE restructurings can be dirty and ugly. It usually ends with creditors fighting like cats for what amounts to no more than scraps compared to what they have invested.

WATER treatment firm Hyflux faced its anxious creditors on Friday for the second time since it filed for bankruptcy protection, in a bid to rally support to carry through what has proven to be a...

WATER cleaning firm Hyflux faced its grey-haired creditors on Friday for the second time since it filed for bankruptcy protection, in a bid to rally support to carry through what has proven to be a...

INVESTORS looking forward to Hyflux's second round of townhall meetings today may have to wait a little longer before a detailed survival plan is laid out...