Little-known Aqua Munda Pte, which was just incorporated in Singapore on Tuesday, made the offer to buy S$1.8 billion ($1.3 billion) of debt from Hyflux noteholders and unsecured creditors, according to an exchange filing.
SINGAPORE: The saga of Hyflux Ltd., Singapore’s highest-profile debt restructuring case, just took another twist.
A newly incorporated entity made an offer to buy debt of the water treatment company, which was a vaunted symbol of Singapore’s entrepreneurial might until its fall last year.
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