Medco Group

SINGAPORE (Apr 4): Water treatment company Hyflux said on Thursday that a lifeline deal with its prospective Indonesian investor had been terminated, throwing the beleaguered Singaporean firm's debt restructuring plans into doubt.

SINGAPORE (Mar 28): Hyflux’s white knight SM Investments (SMI) has issued a statement saying it does not agree with the schemes of arrangement of proposed by the water company and that the schemes do not satisfy the conditions of the restructuring agree

SINGAPORE (Dec 4): Malayan Banking has granted a third deadline extension to Hyflux in its search for a buyer for the loss-making Tuaspring water and power plant.

SINGAPORE (Oct 18): Two of Indonesia's largest companies have come to the rescue of Hyflux which is saddled with some $2.95 billion worth of debt as at end-March.