Court moves UWG's deadline to put Hyflux under judicial management
This follows after the High Court granted UWG's application to be carved out of the moratorium.
Hyflux has announced that the High Court has extended the deadline for the Unsecured Working Group (UWG) to file its judicial management (JM) application to 12 August, a local bourse filing revealed.
This followed after the High Court granted UWG's application to be carved out of the moratorium. The first deadline set for them to submit the JM application was on 7 August, with further directions on timelines to be given at a pre-trial conference to be fixed on a date to be confirmed on or around 12 August.
Hyflux said that it will make announcements as and when there are any further material developments on the matter.