by Amruth Sundarkumar | Jun 7, 2021 | Distressed / Defaulted Bonds, Singapore Dollar Bonds
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...
by bondevalue | May 5, 2021 | Singapore Dollar Bonds
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...