, Singapore

Hyflux applies for another debt moratorium extension

The hearing is scheduled on 29 January 2020.

Hyflux and its three subsidiaries have filed applications for a three-month extension of its debt moratorium to the Singapore High Court, an SGX filing revealed.

They also filed applications for leave to convene meetings of parties in respect of whom the Hyflux have financial obligations, for the purpose of considering and voting on a compromise or arrangement.

The two applications are scheduled for a hearing on 29 January 2020. Last November, Hyflux stated that its debt moratorium extension was due on 31 January.

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