Hyflux applies for 3-month debt moratorium extension, hit with fresh US$65m in claims

📆 4/23/2019 3:49 AM
📰 BusinessTimes

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HYFLUX and three of its subsidiaries have applied to the Singapore High Court for an additional three-month reprieve from its creditors as it works on another plan to avoid liquidation, it announced in an exchange filing on Tuesday. Read more at The Business Times.

Hyflux and three of its subsidiaries have applied to the Singapore High Court for an additional three-month reprieve from its creditors as it works on another plan to avoid liquidation, it announced in an exchange filing on Tuesday.HYFLUX and three of its subsidiaries have applied to the Singapore High Court for an additional three-month reprieve from its creditors as it works on another plan to avoid liquidation, it announced in an exchange filing on Tuesday.

The troubled water treatment firm said the applications were filed by Hyflux, Hydrochem, Hyflux Engineering and Hyflux Membrane Manufacturing.

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Hyflux to seek 3-mth debt moratorium extension ahead of Apr 30 deadlineHYFLUX wants more time to try to return to solvency, and plans to file an affidavit to the Singapore High Court soon to give it an additional three-month reprieve from creditor claims. Read more at The Business Times.
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