MAYBANK has demanded payment of another S$33.6 million from Tuaspring, the subsidiary of the debt-ridden water treatment company Hyflux.
NATIONAL water agency PUB has taken over the Tuaspring desalination plant with effect from Saturday, following the termination of the Water Purchase Agreement (WPA) with Hyflux subsidiary...
SEMBCORP Industries is keeping its options open for Hyflux’s Tuaspring co-generation power plant "if the price was right".
NO BINDING offer to invest in Hyflux has been submitted by Utico, Hyflux said on Tuesday, contrary to a Reuters report s published over the weekend.
HYFLUX said late on Thursday night that subsidiary Tuaspring has received a letter of demand from Maybank dated April 23 over payments the bank said was "immediately due and payable".
NATIONAL water agency PUB has issued a takeover notice to Tuaspring Pte Ltd (TPL) to take over the desalination plant and terminate its water purchase agreement with parent Hyflux.
THE Public Utilities Board (PUB) has issued a notice to debt-ridden Hyflux to take over its biggest asset, the Tuaspring desalination plant, and terminate the parties' water purchase agreement....
HYFLUX said on Thursday that a key rescue deal from the Salim-Medco group is officially off, with just weeks to go before the water and power plant company loses court protection from creditors....
NATIONAL water agency PUB’s actions over debt-hit Hyflux’s Tuaspring desalination plant have not weakened the public-private partnership (PPP) model for critical infrastructure assets.
NATIONAL water agency PUB said on Friday that it has acceded to the request of Hyflux subsidiary Tuaspring Pte Ltd (TPL) for more time to cure its defaults. The default notice period has been...
NATIONAL water agency PUB said on Friday that it has acceded to Hyflux subsidiary Tuaspring Pte Ltd's request for more time to cure its defaults.