| Latest Forum Topics / Hyflux Last:0.21 -- |
|
|
Hyflux
|
|||||
|
Qanghoo
Supreme |
27-May-2019 14:11
|
||||
|
x 0
x 0 Alert Admin |
SG incineration plants, including TO-WTE all convert waste to energy which is then sold to the grid.
|
||||
| Useful To Me Not Useful To Me | |||||
|
ysh2006
Supreme |
27-May-2019 13:11
|
||||
|
x 0
x 0 Alert Admin |
It was report that NUS  and a private company used " Metal waste materials" convert heat to generate electricity, cheap cheap sell to power grid.....  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Starship
Supreme |
27-May-2019 11:44
|
||||
|
x 0
x 0 Alert Admin |
Utico offers Hyflux&rsquo s small investors &lsquo part cash redemption' as part of &lsquo win-win&rsquo deal 26 May 2019 11:16PM (Updated:  26 May 2019 11:43PM) SINGAPORE: United Arab Emirates utility company Utico on Sunday (May 26) said it is offering investors of Hyflux&rsquo s perpetual securities and preference shares a deal with &ldquo part cash redemption&rdquo , as it repeated its call for a &ldquo win-win&rdquo resolution. This came after the company met with Hyflux&rsquo s financial and legal advisors, the Securities Investors Association Singapore  (SIAS) and others last week. In a media statement, chief executive Richard Menezes said Utico made the offer of a &ldquo part cash redemption and also a hope for full redemption with a plan and exit option&rdquo during the meeting. &ldquo Full details can only be revealed later but as part of the overall deal, small investors of up to S$2,000 to S$3,000 could get 50 per cent cash redemption along with full redemption opportunity, while the rest of the investors could get a similar but staggered and cascade deal.&rdquo " All investors will have an opportunity to get their money back &hellip if they support the deal," he added. Mr Menezes also explained why the company is making this offer to Hyflux&rsquo s junior creditors with perpetual securities and preference shares, instead of senior creditors. &ldquo (Senior creditors) took an active business risk with ringside view, whereas (perpetual securities and preference shares) investors took a passive blind faith risk,&rdquo he said in the statement. He said neither coupon nor principal was guaranteed in the offer prospectus and while trading at SGX, and morally there remains some responsibility from Hyflux for the predicament of the  perpetual securities and preference shareholders. Meanwhile, Utico said it could consider a listing in Singapore and &ldquo put some skin into the game&rdquo if it gets investors&rsquo support for the deal. Utico is the potential white knight which  has  indicated  its interest to invest S$400 million  in embattled Hyflux last month. Earlier this month, it made a last-ditch effort to request for a delay in the takeover of Tuaspring desalination plant by national water agency PUB &ndash but failed. It also proposed to  hold a town hall session  for investors of perpetual securities and preference shares.  On the latter, Utico said it is working with SIAS on the planning of the town hall session.  This is, however, &ldquo predicated to Hyflux signing a binding agreement and subject to the court granting a moratorium to complete a desirable restructuring in time&rdquo , the UAE company said on Sunday. Hyflux will have a hearing in the Singapore High Court on Wednesday - the day its  extended debt moratorium is set to expire. https://www.channelnewsasia.com/news/business/utico-offers-hyflux-s-small-investors-part-cash-redemption-as-11567048   |
||||
| Useful To Me Not Useful To Me | |||||
|
ysh2006
Supreme |
27-May-2019 07:19
|
||||
|
x 0
x 0 Alert Admin |
Those senior creditors and banks sure object type... small creditors although large only small force to consider....
|
||||
| Useful To Me Not Useful To Me | |||||
|
marketuncle
Veteran |
27-May-2019 06:23
|
||||
|
x 0
x 0 Alert Admin |
&ldquo (Senior creditors) took an active business risk with ringside view, whereas (perpetual securities and preference shares) investors took a passive blind faith risk,&rdquo he said in the statement. Read more at https://www.channelnewsasia.com/news/business/utico-offers-hyflux-s-small-investors-part-cash-redemption-as-11567048 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
rotiprata
Member |
26-May-2019 22:28
|
||||
|
x 0
x 0 Alert Admin |
📌 🔨 🙋 ♀ ️ ... | ||||
| Useful To Me Not Useful To Me | |||||
|
Stephenchow
Veteran |
26-May-2019 14:00
|
||||
|
x 0
x 0 Alert Admin |
No sound, no picture already. Alibaba talk so big of having townhall, where is the townhall now? where is the bento box & BBQ whole carmel    ![]() ![]() With the TS out the picture, likely to reduce their offer amounts significantly @peanut price if stil interested or chicken out completely   |
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
24-May-2019 13:33
|
||||
|
x 0
x 0 Alert Admin |
I thought TS is already PUB' s as of 17 May 19?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ysh2006
Supreme |
24-May-2019 12:53
|
||||
|
x 0
x 0 Alert Admin |
One week into PUB took over,  Any more white knights still want or don' t want TS, no news from OL....
|
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
24-May-2019 12:05
|
||||
|
x 0
x 0 Alert Admin |
What' s current mkt condition got to do with refuse incineration in sg?
|
||||
| Useful To Me Not Useful To Me | |||||
|
destinykraze
Elite |
24-May-2019 10:58
Yells: "Reality is only a matter of perception" |
||||
|
x 0
x 0 Alert Admin |
Their debts are way to huge for them to service. With or without TS. Lets say their total debts stands at $3.5 billion. With current market conditions. It unlikely for them to make a decent profit. But lets put in the best case scenario, when they are able to turn in profits of $3.5 m. It wouldn' t be enough to even pay for the interest. The returns are simply too little for white knights to put decent offer into a sinking ship.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
24-May-2019 01:20
|
||||
|
x 0
x 0 Alert Admin |
I thought the loss of TS, including the elec gen, is a +ve.  I believe with the upcoming commissioning of TO, they cld become profitable again.  What remains though is how to clear the debt mountain.  For TO, I believe they wld have priced their offer to the govt (px/ton incinerated) more realistically, having learned (most painfully) from hindsight the TS debacle.  Hence TO will very likely operate profitably.  A potential white knight wld have taken this into consideration. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
gravity8888
Supreme |
24-May-2019 00:24
|
||||
|
x 0
x 0 Alert Admin |
Without tuaspring... The investors still interested? | ||||
| Useful To Me Not Useful To Me | |||||
|
Stephenchow
Veteran |
23-May-2019 20:35
|
||||
|
x 0
x 0 Alert Admin |
Going to court again tomorrow, will see what kind of story they have this time.  Need to do the following by end of this month for extension of  moratorium:-  ----> Disclosure of running costs of the company, including all of its restructuring efforts, and there be a timeline given to me of the expected completion of restructuring effort, leading up to a possible scheme application and some assurance of continuing engagement with various creditors  |
||||
| Useful To Me Not Useful To Me | |||||
|
enjoylife77
Veteran |
23-May-2019 13:15
|
||||
|
x 0
x 0 Alert Admin |
PUB got the desalination plant at $0 25 years earlier under the B.O.T. terms. Personally I avoid infrastructure names as the risk is sky high. | ||||
| Useful To Me Not Useful To Me | |||||
|
Stephenchow
Veteran |
22-May-2019 21:29
|
||||
|
x 0
x 0 Alert Admin |
https://www.youtube.com/watch?time_continue=751& v=R5Pk8uwjrpA   Why Utico is interested in Hyflux - Richard Menezes |
||||
| Useful To Me Not Useful To Me | |||||
|
destinykraze
Elite |
22-May-2019 16:27
Yells: "Reality is only a matter of perception" |
||||
|
x 0
x 1 Alert Admin |
I' m already pissed that PUB didn' t seek compensation from hyflux. Taxpayers are going to bear the burden of PUB writing off the contract, with increased cost from maintenance and operation of the desalination plant that is supposed to be fulfilled by hyflux.    |
||||
| Useful To Me Not Useful To Me | |||||
|
destinykraze
Elite |
22-May-2019 15:53
Yells: "Reality is only a matter of perception" |
||||
|
x 0
x 0 Alert Admin |
Blur king. It' s PUB took back what is theirs at $0, not requesting compensation from cash strapped hyflux for failure to adhere to contract to maintain and supply water. Stop sprouting nonsense. If blur uncles and auntie had bothered to read up before buying junk bonds or securities they wouldn' t be crying now.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
22-May-2019 15:26
|
||||
|
x 0
x 0 Alert Admin |
Haha.  good ole aunties n uncles make their contributions in exchange for pioneer n merdeka benefits !!!! Not bad, eh?
|
||||
| Useful To Me Not Useful To Me | |||||
|
des_khor
Supreme |
22-May-2019 15:12
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
||||
|
x 0
x 1 Alert Admin |
Contributed by Uncles and Aunties money . No bad for PUB also can get FOC plant .
|
||||
| Useful To Me Not Useful To Me | |||||


  
