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
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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.
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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 »
Daily Debrief: What Happened TodayHyflux sues SM Investments over repudiation of rescue deal, claims S$38.9m deposit; Singapore's new private home sales, launches up in March at
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New China-focused fund raises US$2.5b from investors including GIC and Temasek[HONG KONG] DCP Capital, co-founded by former KKR & Co Greater China head David Liu, said it has raised about US$2.5 billion in its debut US dollar and yuan funds, giving the private equity firm adequate firepower to invest in Greater China. 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 »