Tuaspring

SINGAPORE (April 1): A rare public protest in Singapore on Saturday underscored mounting anger among investors set to suffer sharp losses in one of the country’s highest-profile corporate debt restructurings.

SINGAPORE (Mar 13): The catastrophic slump of Singapore’s much-vaunted water and power company, Hyflux Ltd., has stunned 34,000 retail investors who were lured by the promise of a 6% annual return forever from a company that seemed to have a gold seal o

SINGAPORE (Mar 6): Hyflux, the water treatment firm which is undergoing debt restructuring, has received a notice from Singapore’s Public Utilities Board “asserting certain defaults by Tuaspring” under its 2011 water purchase agreement (WPA) with th

SINGAPORE (Feb 17): Hyflux has announced a tentative restructuring plan which has still to be voted on in a scheme of arrangement by perpetual security holders, preference shareholders, and unsecured creditors which comprise medium term noteholders, banks

SINGAPORE (Feb 18): Desalination — the process of turning vast amounts of water from oceans and rivers into fresh water — has been held up as the hope of water-starved nations such as Singapore.

(Oct 9): Hyflux Ltd, the embattled Singapore water-treatment and power company, is in advanced talks with at least two potential investors about taking a strategic equity stake in the group as part of a restructuring plan.

SINGAPORE (Oct 5): Hyflux, in the process of restructuring its debts through the Singapore courts, says it remains in active talks with potential investors.