Hyflux suspends trading of shares and perpetual securities

File photo showing Hyflux's logo at the Hyflux Innovation Centre in Bendemeer.
File photo showing Hyflux's logo at the Hyflux Innovation Centre in Bendemeer.PHOTO: ST FILE

SINGAPORE - Hyflux on Wednesday (May 23) called for a suspension of trading in all its shares and preference shares, or perpetual securities.

Trading in these securities had been halted since Monday.

The highly leveraged water project developer said on Tuesday that it had applied to the Singapore High Court to commence the reorganisation of its liabilities and businesses.