Singapore water treatment firm Hyflux gets reprieve from creditors


Hyflux

SINGAPORE: A Singapore court granted Singapore water treatment firm Hyflux Ltd a six-month reprieve from creditors, the company’s lawyer said, giving it breathing room to restructure its liabilities.

Hyflux, which is also involved power generation, has said sustained weakness in electricity prices in the city-state had increased strain on its finances and caused short-term liquidity restrictions.

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