Court greenlights Hyflux's debt moratorium extension

The new scheme meeting's schedules are yet to be decided.

Hyflux received a go-ahead from the High Court to extend its existing moratorium until 30 July and to postpone its scheme meetings in the light of COVID-19 pandemic, an announcement revealed.

The dates of scheme meetings are yet to be decided, ones that were originally scheduled for 22 and 23 April. These applications were filed on 8 April.

In addition, the High Court has scheduled a Case Management Conference at 10am on 14 May to issue further directions on the convening of the scheme meeting and the moratorium.

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