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can SGX govern it what correctly to go so to protect investor ..
By the time they pay of whatever left, many old investors game ready
Would you rather they bankrupt and get back nothing than agree to interests cut?
I predict most likely they would offer 0.25% per year and extend another 5 yrs.
Think the prospectus got mention that when it is loss making,Co will not pay dividends.
stood beside our ex president tony tan during campaigning, now not paying the coupon, integrity could be severely affected
Thats sad news man. It's like the person tells you to come back another day....
ysh2006 ( Date: 23-May-2018 13:10) Posted:
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Total wipe out for holders?.
Tis 1 we really get plug kow kow 
john_ric ( Date: 23-May-2018 13:13) Posted:
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cd, xd but still not get paid.
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qtrinity ( Date: 23-May-2018 12:11) Posted:
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Just like we fix disposit money into bank when time up to collect interest bank say come other years I one short pay back you can?
qtrinity ( Date: 23-May-2018 12:11) Posted:
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28 May Perpetual securities will not be paid.
https://www.bloomberg.com/news/articles/2018-05-23/fallen-singapore-high-flyer-gets-court-protection-to-reorganize
https://www.bloomberg.com/news/articles/2018-05-23/fallen-singapore-high-flyer-gets-court-protection-to-reorganize
cd then xd.
still not paid.
Suay. get conned again.
.
still not paid.
Suay. get conned again.
.
confirmed up lorry liow looh tan koo koo
yellowveggiez ( Date: 23-May-2018 09:16) Posted:
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certainly hope the CPS will still be paid. any experts who can give some insight?
see article on restructuring.. https://en.wikipedia.org/wiki/Restructuring
see article on restructuring.. https://en.wikipedia.org/wiki/Restructuring
lionhill ( Date: 22-May-2018 21:54) Posted:
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Has anyone read the Hyflux suspension announcement in SGX? It seems there won&rsquo t be interest for perpetual and cps in future. Not sure how much of the principal will be haircut
yellowveggiez ( Date: 11-Apr-2018 10:25) Posted:
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hyflux cps xd today
From Hyflux announcement 27-2-2018:
" Despite the near-term challenges in the Singapore power market, the Tuaspring plant is
still a world-class Integrated Water and Power Project with a 25-year service concession
up to 2038. The largest asset on our balance sheet, Tuaspring was funded through a mix
of project financing and corporate financing, including the 6% Cumulative Perpetual Class
A Preference Shares (Preference Shares) which is due for first call date redemption in
April 2018. While the process has taken longer than initially expected, we remain
committed to the partial divestment of Tuaspring at an acceptable price. In light of the
delay in divestment, the Group is unlikely to complete any divestment deal ahead of the
first call date in April 2018 for redemption of its Preference Shares. Consequently, it is
likely that redemption will be deferred until divestment of Tuaspring is concluded, with the
coupon yield for the Preference Shares stepping up from 6% to 8% in the meantime, at
an additional $8 million per annum."
No redemption until Tuaspring divested. Keep your fingers crossed
" Despite the near-term challenges in the Singapore power market, the Tuaspring plant is
still a world-class Integrated Water and Power Project with a 25-year service concession
up to 2038. The largest asset on our balance sheet, Tuaspring was funded through a mix
of project financing and corporate financing, including the 6% Cumulative Perpetual Class
A Preference Shares (Preference Shares) which is due for first call date redemption in
April 2018. While the process has taken longer than initially expected, we remain
committed to the partial divestment of Tuaspring at an acceptable price. In light of the
delay in divestment, the Group is unlikely to complete any divestment deal ahead of the
first call date in April 2018 for redemption of its Preference Shares. Consequently, it is
likely that redemption will be deferred until divestment of Tuaspring is concluded, with the
coupon yield for the Preference Shares stepping up from 6% to 8% in the meantime, at
an additional $8 million per annum."
No redemption until Tuaspring divested. Keep your fingers crossed
bernardc ( Date: 09-Apr-2018 13:35) Posted:
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they didnt say they are going to redeem. next dividend will be stepped up to 8%
bernardc ( Date: 09-Apr-2018 13:35) Posted:
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wah...how about redeeming? if not 8%??
Thank you Olivia,otherwise next few days ration will be like this.
