Sat, Apr 20, 2019 - 5:50 AM
Former white knight SM Investments will sue debt-laden Hyflux for cancelling the S$530 million rescue deal, it said in a statement on Friday.FORMER white knight SM Investments will sue debt-laden Hyflux for cancelling the S$530 million rescue deal, it said in a statement on Friday. Both Hyflux and SMI will be making a grab for the S$38.9 million deposit that was placed in escrow by SMI for the
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-white knight SM Investments sues Hyflux for breaching agreement terms[SINGAPORE] Former white knight SM Investments (SMI) has said it will be suing debt-laden Hyflux for cancelling the S$530 million rescue deal, it said in a statement on Friday (April 19). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux sues SM Investments; appoints Nicky Tan as adviserHYFLUX could be headed for a debt moratorium extension application as it has added well-known restructuring specialist nTan Corporate Advisory as adviser for its ongoing court-supervised reorganisation process. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux sues SM Investments over repudiation of rescue deal, claims S$38.9m depositDEBT-RIDDEN Hyflux has filed a lawsuit against its former suitor SM Investments (SMI) in the Singapore High Court for the repudiation of the rescue deal and is claiming the S$38.9 million deposit. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Ex-white knight SM Investments sues Hyflux for breaching agreement terms[SINGAPORE] Former white knight SM Investments (SMI) has said it will be suing debt-laden Hyflux for cancelling the S$530 million rescue deal, it said in a statement on Friday (April 19). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »