Hyflux cut-off for Tuaspring sale is extended a third time
Hyflux has received a third extension from its creditor Malayan Bank on the sale of Tuaspring desalination plant.
The deadline for a deal is now 28 December 2018. It was previously extended to 15 October, then 29 November.
Hyflux wants to sell the desalination plant as part of a restructuring announced in May 2018.