Hyflux update: white knight

Hyflux has now announced that a Malaysian company,  SM INVESTMENTS PTE. LTD, a company of the consortium comprising the Salim Group and the Medco Group, will provide an investment described as follows: the Investor will invest a total of S$530 million by subscribing for ordinary shares in Hyflux which after the reorganisation, will constitute 60% … Continue reading Hyflux update: white knight