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End of the road for Hyflux as High Court okays winding up of water treatment firm
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The ruling also means the creditors of Hyflux will likely end up with nothing.
PHOTO: ST FILE
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SINGAPORE - Beleaguered water treatment firm Hyflux has finally reached the end of the road after the High Court approved its winding up on Wednesday afternoon (July 21).
The move followed a three-year-long restructuring attempt that involved a number of surprising twists.