Singapore's Hyflux besieged on several fronts

The distressed utility group, already facing potential legal action in Algeria and from retail investors at home, is now squabbling with two would-be Indonesia white nights.

Investors of Hyflux plan a protest in Singapore, where demonstrations are strictly controlled

Han Shih Toh

March 27, 2019

Hyflux appears besieged by unhappy white knights, disgruntled investors and disputes with Algerian companies. It's unclear where the Singapore-listed company goes from here.

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Debt
Disruption
Distress
Southeast Asia

#singapore
#hyflux
#distressed debt
#perpetual bonds
#utilities