Crisis-hit Hyflux gets an offer a day before court hearing

SINGAPORE: Singapore’s embattled water treatment firm Hyflux Ltd has received interest from a new investor, a day before its next court hearing, adding yet another twist to the nation’s most high-profile debt restructuring case that has dragged for more than 18 months.

Singapore-based Longview was incorporated in August 2016 and is into management consultancy services, information from the Accounting and Corporate Regulatory Authority shows. The delays in the high profile restructuring have frustrated investors. Hyflux’s collapse has left some 34,000 retail investors in the lurch.

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