Utilities

Utico lobbies to pay Hyflux creditors with equity

The initial cash offer did not gain support from creditors.

Utico lobbies to pay Hyflux creditors with equity

The initial cash offer did not gain support from creditors.

Over 280,000 tonnes of gasoline stored on Singapore, Malaysia waters

This is on top of 1.96 million barrels of jet fuel now on water.

China's Sinopec in talks to buy stake in Hin Leong's terminal

The sale could provide much needed cash for the family-owned oil giant.

Keppel-led consortium nabs $1.5b contract for Tuas Nexus waste management facility

They will build waste-to-energy and materials recovery facilities.

Oil trader Hin Leong owes $5.47b to 23 banks

The pandemic has led to a slump in oil prices.

Oil trader Hin Leong squeezed by $4.28b bank debt

Two lenders won’t issue new letters of credit amidst concerns over its ability to repay debt.

Sembcorp rolls out renewable energy certificate platform

It aims to woo companies into purchasing volumes of RECs to offset their carbon footprint.

Charging Ahead on the Road to Zero Emissions

The Singapore transport sector, more than any sector, contributes a significant amount of greenhouse gas emissions. As such, it’s no surprise that...

66 filed proofs of claims against Hyflux worth $3.13b

About a third of the amount came from preference shares and perpetual securities.

Hyflux to hold scheme meeting on 22 April

An individual from EY Corporate Advisors will act as the chairperson of the meeting.

Sembcorp Industries appoints SP Group CEO Wong Kim Yin as president and CEO

He will be succeeding Neil McGregor, who will be retiring by end-June.

Hyflux gets green light for leave to convene scheme meetings

The water firm first filed its application on 15 January.

Utico warns Hyflux's asset leakage if restructuring scheme further delays

The investor is wondering why the scheme is being deferred.

SIAS questions new Hyflux saviour, urges town hall

The organisation expressed concern for the non-disclosure of the P&P proposal.

Aqua Munda appoints Singapore's ambassador to Kuwait as director

He was formerly the Senior Minister of State for Foreign Affairs until 2011.

Hyflux to reallocate advisor fees after WongPartnership exit

It initially planned to satisfy at least 75% of SIAS’ advisor fees.