Troubled water treatment company Hyflux said on Tuesday that it has received a request for arbitration from Algerian Energy Company in relation to its seawater desalination plant in Algeria.
TROUBLED water treatment company Hyflux said on Tuesday that it has received a request for arbitration from Algerian Energy Company in relation to its seawater desalination plant in Algeria.
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Hyflux receives arbitration request for desalination plant in AlgeriaTROUBLED water treatment company Hyflux said on Tuesday that it has received a request for arbitration from Algerian Energy Company (AEC) in relation to its seawater desalination plant in Algeria. Read more at The Business Times.
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Daily Debrief: What Happened TodaySingapore factories post modest 0.7% growth in February,Hyflux receives arbitration request for desalination plant in Algeria
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Hyflux says restructuring deal still on despite ‘certain disagreements’ with investorSINGAPORE: Despite recent disagreements, Hyflux’s potential white knight has not indicated that it would back out of a proposed investment in the ...
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Hyflux disputes Salim-Medco claims that PUB, Magtaa offtakers actions constitute events for pull outHYFLUX has disputed Salim-Medco’s assertion that actions by the Public Utilities Board (PUB) and offtakers or buyers of water from its Magtaa desalination plant in Algeria constitute events which allow the Indonesian group to pull out from its proposed S$530 million investment into the troubled water treatment company. Read more at The Business Times.
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Sias chief questions PUB on Tuaspring in open letterSECURITIES Investors Association (Singapore) chief David Gerald, saying he is representing the interests of retail investors of Hyflux, on Tuesday sent a letter with a list of queries to Ng Joo Hee, chief executive of the Public Utilities Board (PUB), regarding the developments in the Hyflux saga. Read more at The Business Times. i think BT should stop giving Mr Gerald so much publicity, especially when he’s not asking questions that the media hasn’t already raised the media has previously explained that the price for Tuaspring is determined under the WPA. they look at net present value of future (negative) cashflows, not cost of building.
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PUB to Salim-Medco: Don't use us as excuse to pull out of Hyflux dealHYFLUX's reluctant white knight should not use PUB as an excuse to back out of its investment agreement with the water company, the national water agency said on Thursday. Read more at The Business Times.
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The Hyflux story so far, in BT WeekendAS the Hyflux saga continues, we take a look back at the history of the Tuaspring project, retracing how it kicked off, how it was financed, and how the funding model floundered. Read the story so far, in Brunch this Saturday in The Business Times Weekend. Read more at The Business Times.
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