Singapore's Hyflux files for liquidation after failed investor talks

Photo: Hyflux website

The judicial managers of Singapore’s Hyflux Ltd said they have applied to a court to liquidate the company after talks for an investment into the embattled water treatment firm failed.

“Given the negotiations with the investor for an investment in the entire Hyflux Group were unsuccessful and consequently a restructuring not possible, the continuation of the judicial management of the company is no longer necessary,” the managers from Borrelli Walsh said in a stock exchange filing on Friday.

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