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30-05-2019, 08:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
The High Court yesterday allowed debt-ridden water treatment firm Hyflux two more months of reprieve from its creditors - until Aug 2 - as the company continues to work with several investors to nail down a new restructuring plan.
Hyflux had asked for a four-month extension on its debt moratorium, saying it was in discussions with other potential investors.
This was in addition to talks with United Arab Emirates utility Utico for a $400 million investment and Mauritius-based investment...
Hyflux gets 2-month reprieve, in talks with more investors (https://www.sammyboy.com/threads/hyflux-gets-2-month-reprieve-in-talks-with-more-investors.269003/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/hyflux-gets-2-month-reprieve-in-talks-with-more-investors.269003/).
The High Court yesterday allowed debt-ridden water treatment firm Hyflux two more months of reprieve from its creditors - until Aug 2 - as the company continues to work with several investors to nail down a new restructuring plan.
Hyflux had asked for a four-month extension on its debt moratorium, saying it was in discussions with other potential investors.
This was in addition to talks with United Arab Emirates utility Utico for a $400 million investment and Mauritius-based investment...
Hyflux gets 2-month reprieve, in talks with more investors (https://www.sammyboy.com/threads/hyflux-gets-2-month-reprieve-in-talks-with-more-investors.269003/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/hyflux-gets-2-month-reprieve-in-talks-with-more-investors.269003/).