End of the road for Hyflux as High Court okays winding up of water treatment firm

The ruling also means the creditors of Hyflux will likely end up with nothing.
The ruling also means the creditors of Hyflux will likely end up with nothing.PHOTO: ST FILE

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.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.