The pair were appointed the judicial managers of Hyflux following a ruling from the High Court on Nov 16, 2020.
The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company.
In a filing on June 4, Bance and Christie have deemed that the objectives of the company’s judicial management are “no longer capable of achievement” and that the remaining value of Hyflux are “best realised in a liquidation”.
