Utilities
Hyflux unit restructures $121.46m loan for China plant
The loan facility from the Bank of China has been extended a further three years to 2026.
Hyflux unit restructures $121.46m loan for China plant
The loan facility from the Bank of China has been extended a further three years to 2026.
Sunseap secures $43m green loan from UOB
It will fund 37MWp of solar PV installations at 210 sites.
Utico extends deadline for binding agreement with Hyflux to 27 June
The Middle Eastern firm initially hoped that the deal would have already been sealed by 17 June.
Sembcorp Industries' India energy unit withdraws listing prospectus
But it intends to re-file a revised prospectus at an ‘appropriate’ time this year.
Hyflux in talks with another potential white knight from China
The potential investor is said to be a subsidiary of a state-owned enterprise that provides power services.
BreadTalk, Tat Seng fined for illegally discharging into public sewers
They were part of the 38 companies fined a total of $253,700.
Electricity retailer iSwitch forms partnership with ES Power
ES Power’s customers existing contracts worth US$15m will be novated to iSwitch.
Hyflux gets another debt moratorium extension to 2 August
It has yet to accept and enter into binding agreements with potential investors.
Chart of the Day: Household electricity tariff to fall 4.7% in Q2
The staggered launch of the OEM is also bringing down electricity and gas prices.
Utico calls on PUB to delay Tuaspring takeover
The firm’s CEO said that this will help them enter a smooth transaction with the struggling water company.
Hyflux secures non-binding letter of interest from interested investor
The investor is targeting Hyflux assets in the Middle East and North Africa. Hyflux received a non-binding letter of interest from a potential...
Hyflux refutes reports of Utico's binding offer submission
It only received a draft from the Middle Eastern utility’s advisors.
Oyster Bay Fund mulls $500m investment into Hyflux
It is also looking to buy Hyflux shares for up to $26m.
Hyflux thrown short lifeline as Court denies bank efforts to place it under judicial management
Its debt moratorium was extended to 29 May.
Hyflux slapped with $78.68 claim from BNP Paribas
The French bank is claiming the sum over a performance bond issued to Hyflux’s associate firm Tahlyat Myah Magtaa (TMM).
Hyflux discloses identity of potential Middle East white knight
Utico is the largest private full service utility and developer in UAE.
Hyflux CEO Olivia Lum vows to get $1 annual salary until firm ends restructuring
Hyflux is forced to make more cost-cutting measures after the SM Investments deal fell apart.
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