hoo
2018-05-24 07:27:14 UTC
Hyflux has 1.3 billion debt over 1 billion capital.
May be have to convert debt into new shareholders.
May not be successful as there are a lot of projects are
not earning profitable money.
Have to look for buyers to buy up some of their projects in
Oman, China, and SG, to reduce debt.
Poor financial cash flow forecasts causes delays in payable debts.
May have to ask loan banks to extend repayment dates.
Hyflux over invests with high borrowings much higher
than they can repay.
https://www.businesstimes.com.sg/companies-markets/hyflux-seeks-court-protection-to-reorganise-business-debt
https://www.channelnewsasia.com/news/business/hyflux-singapore-court-supervision-faces-major-challenges-10260230
https://www.theedgesingapore.com/hyflux-executive-vp-coo-wong-lup-lai-resigns-amid-debt-restructuring
May be have to convert debt into new shareholders.
May not be successful as there are a lot of projects are
not earning profitable money.
Have to look for buyers to buy up some of their projects in
Oman, China, and SG, to reduce debt.
Poor financial cash flow forecasts causes delays in payable debts.
May have to ask loan banks to extend repayment dates.
Hyflux over invests with high borrowings much higher
than they can repay.
https://www.businesstimes.com.sg/companies-markets/hyflux-seeks-court-protection-to-reorganise-business-debt
https://www.channelnewsasia.com/news/business/hyflux-singapore-court-supervision-faces-major-challenges-10260230
https://www.theedgesingapore.com/hyflux-executive-vp-coo-wong-lup-lai-resigns-amid-debt-restructuring