No rescue offer for Hyflux retail investors from potential suitors

No rescue offer for Hyflux retail investors from potential suitors

People gather during a protest on Hyflux Ltd. debt restructuring plan in Singapore on March 30. Photographer: Bryan van der Beek/Bloomberg

The new potential investors for troubled Singapore water utility Hyflux have not officially lodged their rescue offers for the firm’s 34,000 perpetual securities and preference shares (P&P) investors, marking another twist in the company’s long restructuring saga.