, Singapore

Hyflux applies for another debt moratorium extension

The hearing is scheduled on 29 January 2020.

Hyflux and its three subsidiaries have filed applications for a three-month extension of its debt moratorium to the Singapore High Court, an SGX filing revealed.

They also filed applications for leave to convene meetings of parties in respect of whom the Hyflux have financial obligations, for the purpose of considering and voting on a compromise or arrangement.

The two applications are scheduled for a hearing on 29 January 2020. Last November, Hyflux stated that its debt moratorium extension was due on 31 January.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.