Distress

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.
March 27, 2019

ADM sees opportunity in distressed debt

ADM Capital has been seeking debt financing opportunities among distressed Chinese companies for more than 15 years. While that opportunity remains strong, its funding of outbound deals is shrinking.
March 25, 2019

Hyflux debt crisis could lead to lawsuit

Hundreds of retail investors have opposed a plan by Hyflux to restructure its debt, and some retail investors are contemplating legal action against the Singapore-listed company's board.
March 20, 2019

Hsin Chong defaults on $150m bonds

Hong Kong-listed construction company Hsin Chong Group Holdings has defaulted on both of its US dollar bonds totalling $450 million.
January 23, 2019