Friday 29 Mar 2024
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SINGAPORE (June 4): In a letter to Hyflux chief executive officer (CEO) Olivia Lum and its board of directors sent on Tuesday, Aqua Munda’s director Bambang Sugeng Kajairi said that the company was still “interested” in buying over Hyflux’s debt, according to a Singapore Exchange (SGX) filing.

“We are fully cognisant of the cash flow constraints that Hyflux Group is facing as a result of the drawn out debt restructuring process and the toll that it has on the ongoing operations of Hyflux Group,” said Kajairi.

“Subject to the grant by the court of a further extension of the existing moratorium, Aqua Munda is ready to provide no less than ... (click on link for full story on theedgesingapore.com).

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