Hyflux

Hyflux proposes dividend in specie of shares in consumer arm; opens door to Hyfluxshop listing

SINGAPORE (Dec 29): Hyflux has proposed to undertake a dividend in specie of approximately 70% of shares in Hyfluxshop Holdings to entitled shareholders holding Hyflux shares.

Results

Hyflux swings to losses of $26.1 mil in 3Q

SINGAPORE (Nov 9): Water company Hyflux has reported losses of $26.1 million for 3Q17, compared with earnings of $10.3 million in the same period last year.

M&A

ESR-REIT acquires Hyflux's Tuas facility for $111 mil in sale and leaseback deal

SINGAPORE (Oct 19): The manager ESR-REIT has entered into a sale and leaseback deal with Hyflux.

Hyflux unit awarded $21.6 mil by arbitration tribunal

SINGAPORE (Sept 11): Hyflux announced Monday that a tribunal has ordered an interim award of US$16.1 million ($21.6 million) in favour of wholly-owned subsidiary Hydrochem.

Results

Hyflux sinks into the red in 2Q

SINGAPORE (Aug 3): Water solutions provider Hyflux sank to a net loss of $25.1 million for the 2Q17 ended June, from earnings of $2.6 million a year ago.

Hyflux issues loss warning for 2Q on weak Singapore power market

SINGAPORE (July 20): Water company Hyflux says it expects to report a loss for the second quarter ended June 30, 2017, largely driven by the weak Singapore power market.

Stocks To Watch

CapitaLand, Frasers Logistics, CDL HT, Riverstone, Chip Eng Seng, Hyflux, Hi-P, NeraTel, OUE HT

SINGAPORE (May 5): Here are some stocks to watch this Friday morning:

Results

Hyflux 1Q earnings fall more than ninefold to $0.8 mil with Tuaspring plant held for sale

SINGAPORE (May 4): Hyflux, the water solutions provider, saw 1Q17 earnings fall to $0.8 million from $7.3 million a year ago.

Hyflux appoints DBS, China International Capital as financial advisers for Tuaspring plant divestment

SINGAPORE (April 24): Hyflux has appointed DBS Bank and China International Capital Corporation (Singapore) as its financial advisers to evaluate its strategic options relating to the proposed partial divestment of Tuaspring plant.

In print this week

New revenue streams flow from Hyflux’s ELO Water

SINGAPORE (March 10): With weak electricity prices driving Hyflux’s energy division into losses and desalination margins narrow amid intense competition, CEO Olivia Lum is bringing in new revenue streams to help tide over the short term.
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