Utilities
No rescue deal sealed with Utico: Hyflux
No rescue deal sealed with Utico: Hyflux
But Utico earlier said that it had already inked a deal with the firm.
Utico inks restructuring agreement with Hyflux
The utility firm assured that they will take “swift action” on Hyflux’s projects.
Listed utility firms' returns hit 13.2% in July
The three top-performing stocks had total returns of 19.9%.
Hyflux assets 'leaking value' amidst protracted deal timeline: Utico
Utico claimed that Hyflux is delaying the disclosure of assets and ignoring their proposal.
Hyflux deadline to ink Utico deal extended to August 26
This is reportedly to account for the number of public holidays in August.
White knight Utico sets August 16 deadline to ink deal with Hyflux
The would-be white knight gave Hyflux two weeks, “failing which, they will walk".
Hyflux seeks another extension of debt moratorium
It is still in talks with potential strategic investors.
GIC to invest $600m in ADNOC's crude pipelines
It will take a 6% stake in ADNOC Oil Properties along with BlackRock and KKR.
Hyflux white knight Utico mulls $500m Singapore IPO
The company will be valued by at least $2b.
Sembcorp unit to sell 80% stake in Chinese water treatment plant for $23.7m
SLWC will cease to be part of the group upon completion of the deal.
Singapore to invest $400m in revamping drainage systems
This is expected to mitigate flooding and build up climate resilience.
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.
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