Utilities
Maybank kills collaboration agreement with Tuaspring and Hyflux
Maybank kills collaboration agreement with Tuaspring and Hyflux
The bank will appoint receivers and managers over the assets of Tuaspring, save for its desalination plant and shared infrastructure.
PUB issues termination notice to Tuaspring
It provides a 30-day notice period before the plant takeover.
Hyflux sues would-be white knight SM Investments for ditching restructuring deal
The water firm is also claiming a $38.9m deposit placed into escrow.
BHP cuts down on white-collar manpower in Singapore and Australia
The mining giant is set to lay off more than 700 functional jobs.
Hyflux falls out of SMI investment over restructuring battle
The utility said it has no confidence that SMI is prepared to complete the investment even if the restructuring gets completed.
Restructuring won't kill Hyflux probes: SIAS
The restructuring scheme would only discharge the company but not its management.
Hyflux refutes SMI's claims on restructuring terms
It argued that SMI knew the terms of the deal before they were published on 16 February.
Hyflux changes venue for scheme meetings
Meetings will be held at The Star Performing Arts Centre to accommodate more attendees.
SM Investments rejects restructuring leeway for Hyflux
Hyflux unveiled the status of its restructuring in response to SIAS’ demands.
Hyflux to resolve disputes over Algerian desalination plant through ICC
It needs to respond to disputes over three deals and one protocol through arbitration.
SIAS slams Hyflux as path to restructuring with SMI turns foggy
Investor anxiety is rising as Hyflux is not resolving issues to keep the restructuring on track, it said.
Sembcorp completes 2.8MWp rooftop solar farm on Supply Chain City
About 8,000 panels are expected to generate over 3,400MW hours of power annually.
PUB slams Hyflux investor's basis for withdrawing from restructuring deal
SM Investments gave Hyflux two weeks to resolve its default or it will terminate the restructuring deal.
Hyflux says restructuring under threat, cites PUB default notice
Hyflux and Tuaspring have until 1 April to resolve all defaults or PUB will take control of the plant.
Hyflux admits $2.81b of claims after adjudication
It rejected a $502.61m claim for the Magtaa desalination plant in Algeria.
Hyflux postpones town hall meeting with shareholders
The firm says they need a bigger venue due to a large number of shareholders wanting to attend.
73 entities filed proofs of claims against Hyflux worth $3.51b
Unsecured facilities claims, which include claims from Mizuho and BNP Paribas, have reached $572.1m.
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