Hyflux has filed an application to wind-up its business after failing to reach a deal with an investor. Judicial managers said that restructuring was not possible and the salvage value of Hyflux is “best realised in a liquidation”. Hyflux was placed under judicial...
Singapore based distressed water treatment and power firm Hyflux has received six offers from overseas investors for its restructuring. While one of the bids has offered a restructuring of the entire company, the other five have bid only for specific assets. The...
