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Pls share once u hv gotten any reply. Last I hv checked ( early Dec), below was the reply from IR :
Quoted :
As announced previously, we are in the process of divesting our stake in 2 projects - Tianjin Dagang in China as well as the partial divestment of Tuaspring Integrated Water and Power plant in Singapore. As shared during our annual general meeting earlier this year in April 2017, one of the uses of the proceeds from the divestment of Tuaspring Integrated Water and Power Plant in Singapore and Tianjin Dagang Desalination plant will be the redemption of bonds and capital securities.
Quoted :
As announced previously, we are in the process of divesting our stake in 2 projects - Tianjin Dagang in China as well as the partial divestment of Tuaspring Integrated Water and Power plant in Singapore. As shared during our annual general meeting earlier this year in April 2017, one of the uses of the proceeds from the divestment of Tuaspring Integrated Water and Power Plant in Singapore and Tianjin Dagang Desalination plant will be the redemption of bonds and capital securities.
angmohlin ( Date: 15-Jan-2018 13:26) Posted:
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I have made a request for the qualified opinion from the Board with regard to Hyflux' s ability to continue as a going concern. Hopefully receive favourable response.
Har...sure or not. Hyflux better add petrol. Otherwise that will be another disgrace for us.
ShowMeMoneyp ( Date: 27-Nov-2017 12:03) Posted:
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Ib view of recent sell down, it is very important for the SGX or SIA to demand the Board to express their qualified opinion on the Hyflux' s ability to continue as a going concerns. Are their overseas projects in the Saudi Arabia, Oman, Egypt making money or not.
the issuance of a dividend in specie pave the road for distribution of payments to preference shares. They cant pay ordinary shareholders unless they pay preference shareholders first tats my understanding
angmohlin ( Date: 15-Jan-2018 11:33) Posted:
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The Directors must issue a statement to clear the mystery of Hyflux' s financial status. Silent as the grave.
going down so sharply, seems tomorrow it will shut down...
Inching a bit by a bit to the south, guess need to wait until May
Every quarter loss $20+ million for the Tuaspring' s water & power assets till the day they able to dispose of. Losing money hot potato who want to buy? Hyflux really gone case liao.
Why made water can lose money?
hp3000 ( Date: 27-Nov-2017 19:54) Posted:
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Just my view.
Net loss getting wider and still has to pay for the 6% interest.
Getting a big hole now.
HYFLUX POSTS NET LOSS OF S$26.1 MILLION IN THIRD QUARTER OF 2017
Net loss getting wider and still has to pay for the 6% interest.
Getting a big hole now.
HYFLUX POSTS NET LOSS OF S$26.1 MILLION IN THIRD QUARTER OF 2017
wonder what are the bad news.?
bishalnb ( Date: 27-Nov-2017 10:44) Posted:
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First the creditors like banks with pledged assets
Next bond holders
I think CPS etc are like regular shareholders, only for dividend they are paid first, not for bankcrupt case.
Shareholders always last
Next bond holders
I think CPS etc are like regular shareholders, only for dividend they are paid first, not for bankcrupt case.
Shareholders always last
playst ( Date: 22-Nov-2017 18:55) Posted:
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81c, down 6% already..
another falling knife.
share dying.
If Hyflux mother share uplorry who will get paid first ?
Can someone rank them accordingly. Thanks
- Shareholder
- 6% CPS
- 6% per cap sec
- Bond holders
Can someone rank them accordingly. Thanks
- Shareholder
- 6% CPS
- 6% per cap sec
- Bond holders
To reach 86 soon.
drop so much after xd. somethg wrong with hyfluz.
Is Hyflux core business profitable, sustainable?
The price have been heading south over the past few days, any news regarding this?
Those who vested, can share your opinion please.
Those who vested, can share your opinion please.