Stocks to watch: Yanlord, Wing Tai, Chip Eng Seng, World Class Global, IPC Corp

11 Jun 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: Yanlord Land Group: The Chinese property developer recorded 18.92 billion yuan (S$3.71 billion) in total contracted presales from residential units, commercial units and car parks for the first five months ...
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Hyflux requests deadline extension on Utico's revised offer

11 Jun 2020 - Singapore Business Review
It originally planned to have the offer approved by Hyflux by 4 June. Hyflux has requested to extend the deadline of Utico's revised offer until 30 June, an SGX filing revealed. This pertains to its proposal to pay the creditors and advisers of the struggling water firm with equity shares instead of ...
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Utico to extend deadline on Hyflux's revised offer to 30 June

11 Jun 2020 - Singapore Business Review
It originally planned to have the offer approved by Hyflux by 4 June. Hyflux has announced that Utico has requested to extend the deadline of its revised offer until 30 June, an SGX filing revealed. This pertains to its proposal to pay the creditors and advisers of the struggling water firm with equity ...
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Two IPC Corporation directors probed over Hyflux

11 Jun 2020 - Singapore Business Review
This follows after CAD, ACRA and MAS launched a joint investigation. Property investment company IPC Corporation has announced that its independent directors Teo Kiang Kok and Lee Joo Hai are being probed on Hyflux’s Tuaspring Integrated Water and Power project, an SGX filing revealed. These two are ...
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Aqua Munda will make an offer to Hyflux's P&P shareholders

10 Jun 2020 - Singapore Business Review
The investor assured that they can secure contracts for the water firm across Asia. Hyflux’s potential investor Aqua Munda has confirmed that they will make an offer to the preference shares and perpetual securities (P&P) shareholders of the embattled water firm, the Securities Investors Association ...
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Aqua Munda still 'interested' in buying over Hyflux's debt

4 Jun 2020 - The Edge Markets
SINGAPORE (June 4): In a letter to Hyflux CEO Olivia Lum and its board of directors sent on Tuesday (June 2), Aqua Munda’s director Bambang Sugeng bin Kajairi says that the company is still “interested” in buying over Hyflux’s debt, according to an SGX filing. “We are fully cognizant of the cash flow ...
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CAD, MAS and ACRA launch joint probe on Hyflux

3 Jun 2020 - Singapore Business Review
The water firm is probed for suspected false and misleading statements. The Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) have launched a joint investigation into Hyflux and its ...
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Aqua Munda to re-price Hyflux's unsecured debt

3 Jun 2020 - Singapore Business Review
The impact of the oil crisis and the pandemic has prompted a reassessment. Aqua Munda’s director Bambang Sugeng bin Kajairi sent a letter to Hyflux’s board, saying that they have begun a re-assessment on their part on what would be an acceptable and sensible pricing for the secondary market purchase ...
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Court greenlights Hyflux's debt moratorium extension

17 Apr 2020 - Singapore Business Review
The new scheme meetings 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 tCOVID-19 pandemis, an announcement revealed. The dates of scheme meetings are yet to be decided, ...
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Hyflux gets a new Spain-based potential investor

19 Mar 2020 - Singapore Business Review
It noted that the letter comprises a potential transaction involving the company or its assets. Hyflux has received a letter of interest from Spain-based water company FCC Aqualia, a bourse filing revealed. It noted that the letter comprises a potential transaction involving the company or its assets. ...
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