Utilities
Aqua Munda extends tender, appoints non-executive director
The tender invitation period will close on 9 March.
Aqua Munda extends tender, appoints non-executive director
The tender invitation period will close on 9 March.
Hyflux moves claims of proof deadline to 11 March
This is in connection to scheme meetings on the Utico deal.
Utico to give PNP soft landing if IPO is delayed
Utico asks SIAS and Hyflux to hold a PNP vote for option 1 or 2 within 3 weeks.
New investor knocks on Hyflux's door
The proposed terms of the investment has not yet been revealed.
Sembcorp industries tapped to build floating solar farm
It will be used to power PUB’s water treatment processes.
Hyflux's Simon Tay resigns as independent director
This came after some differences related to his post on WongPartnership’s exit.
SIAS refutes Utico's claims in Hyflux's town hall meeting
The UAE-based firm said that the association has not worked towards a better deal for P&P holders.
KIT unit buys US-based source water management firm
Ixom also appointed an executive vice president for its new source watercare operations.
Aqua Munda extends submission of bids for Hyflux's creditors to 22 February
The resignation of WongPartnership as Hyflux’s counsel prompted the extension.
Hyflux appoints Clifford Chance and Cavenagh Law as legal advisors
The water treatment firm expressed loss of “confidence and trust” in WongPartnership.
Hyflux's debt moratorium extended to 28 February
They also confirmed their loss of confidence with their lawyers.
Utico to hike advisors fees cap to $50m if Hyflux rescue deal bags approval
It will reduce the pot to $30m if advisors do not support the restructuring agreement.
Aqua Munda commits $208m to buy Hyflux's debts
It will also be used for funding the water treatment firm’s capital requirements.
UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report
The deal is said to have left about 34,000 retail investors in the lurch.
Hyflux applies for another debt moratorium extension
The hearing is scheduled on 29 January 2020.
Hyflux's Utico deal plagued by woes from P&P holders
Some P&P holders intend to vote against the deal as concerns on financial obligations arise, said SIAS.
Hyflux creditors called to file a proof of claim
Parties who did not file by 5 February may not be able to receive payments.