The move comes after Hyflux on April 4 cancelled meetings scheduled for April 5 and 8 to vote on a scheme of arrangement.
SINGAPORE (Apr 17): National water agency PUB has issued a notice to terminate its water purchase agreement with Hyflux subsidiary Tuaspring and take over the Tuaspring desalination plant at the end of the 30-day notice period.
A statutory board under the Ministry of the Environment and Water Resources, PUB said in a statement on Wednesday that this was “to safeguard Singapore’s water security”.
