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Latest Forum Topics / Hyflux    Last:0.21 --  Post Reply
Hyflux
Qanghoo
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08-Feb-2019 16:05     
 
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 Alert Admin 		U mean tumasek wash hands n drag others in,  a foreign coy at that?  Also,  where' s the indication that Indonesia is gonna increase infrastructural spending on water treatment projects that' s gonna potentially benefit hyflux when in SM' s control?

Xvader      ( Date: 08-Feb-2019 06:31) Posted:

SM consortium is brought in by Temasek, they may have done a back door deal to be awarded Singapore projects, anyway the consortium will bring in huge opportunities in Indonesia with thousands of islands which need water. It is a huge save, all Hyflux has to do is clear it's debts and it is happy days ahead.

Starship      ( Date: 07-Feb-2019 10:31) Posted:


Too many diehard fans and optimists remain still hoping that White Horses or even Temasek will come to the rescue even as the ship sinks.
Just like a replay of the Titanic.................cheeky


 


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Qanghoo
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08-Feb-2019 16:01     
 
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 Alert Admin 		I think he' s not referring to the lossing $$$ part.  Still, it' s a bit unkind.

KAMAL0883      ( Date: 08-Feb-2019 12:12) Posted:

i think you damn " f c u king     b u s tard " , people loss money yet still scold him stupid old fool....angry

who know may be he is your father  surprise

Xvader      ( Date: 08-Feb-2019 06:27) Posted:

You mean he did not know what to do before?? No wonder he lost money, stupid old fool.
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simplesimon
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08-Feb-2019 15:56     
 
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 Alert Admin 		CEO don' t have a sense of Fengshui, fire don' t mix with water!
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KAMAL0883
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08-Feb-2019 12:12     
 
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 Alert Admin 		i think you damn " f c u king     b u s tard " , people loss money yet still scold him stupid old fool....angry

who know may be he is your father  surprise

Xvader      ( Date: 08-Feb-2019 06:27) Posted:

You mean he did not know what to do before?? No wonder he lost money, stupid old fool.

cobrajr      ( Date: 07-Feb-2019 21:54) Posted:

Went to the Bendemeer office today to get the PROOF OF CLAIM FORM and got tis 1 old AhPek 
keep saying he lost alot of money and why the Gomen never help?
He said " I know what to do come next round" poor oldmancrying
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investshare
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08-Feb-2019 08:59     
 
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 Alert Admin 		Exactly.
Don?t forget that when you profit from stock market, government doesn?t tax you. Win or lose is your entire problem.

Observers      ( Date: 08-Feb-2019 08:01) Posted:

If the government really go and help this poor old man recover his investment losses thru a bail out, then everyone else who didn' t buy any hyflux securities will know what to do also.

Xvader      ( Date: 08-Feb-2019 06:27) Posted:

You mean he did not know what to do before?? No wonder he lost money, stupid old fool.
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Observers
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08-Feb-2019 08:01     
 
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 Alert Admin 		If the government really go and help this poor old man recover his investment losses thru a bail out, then everyone else who didn' t buy any hyflux securities will know what to do also.

Xvader      ( Date: 08-Feb-2019 06:27) Posted:

You mean he did not know what to do before?? No wonder he lost money, stupid old fool.

cobrajr      ( Date: 07-Feb-2019 21:54) Posted:

Went to the Bendemeer office today to get the PROOF OF CLAIM FORM and got tis 1 old AhPek 
keep saying he lost alot of money and why the Gomen never help?
He said " I know what to do come next round" poor oldmancrying
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Xvader
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08-Feb-2019 06:31     
 
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 Alert Admin 		SM consortium is brought in by Temasek, they may have done a back door deal to be awarded Singapore projects, anyway the consortium will bring in huge opportunities in Indonesia with thousands of islands which need water. It is a huge save, all Hyflux has to do is clear it's debts and it is happy days ahead.

Starship      ( Date: 07-Feb-2019 10:31) Posted:


Too many diehard fans and optimists remain still hoping that White Horses or even Temasek will come to the rescue even as the ship sinks.
Just like a replay of the Titanic.................cheeky


 

zillion      ( Date: 07-Feb-2019 10:23) Posted:

The group filed for bankruptcy protection in May last year, and investors still have no certainty about how much is recoverable. In a liquidation scenario, senior unsecured creditors can expect a recovery rate of 3.8 to 8.7 per cent, EY has told investors. Investors that rank below that class of claimants, including perpetual and preference shareholders, will receive nothing.
 


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Xvader
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08-Feb-2019 06:27     
 
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 Alert Admin 		You mean he did not know what to do before?? No wonder he lost money, stupid old fool.

cobrajr      ( Date: 07-Feb-2019 21:54) Posted:

Went to the Bendemeer office today to get the PROOF OF CLAIM FORM and got tis 1 old AhPek 
keep saying he lost alot of money and why the Gomen never help?
He said " I know what to do come next round" poor oldmancrying
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investshare
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07-Feb-2019 22:17     
 
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 Alert Admin 		Fake news? Don?t think Temasek buy any Noble share..

simplesimon      ( Date: 07-Feb-2019 20:17) Posted:

looks like temasek & gIC carry only Angmos' balls by rescuing Noble by buying a lot   of its shares! When it comes hyflux, they keep a closed eyes! I would vote for you thus time for the first time! You can go on to carry Angmos' ball! You can keep on contract out service job to foreign countries! We will fit you out to stop all these Angmos' ball carrying govt!
 

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cobrajr
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07-Feb-2019 21:54     
 
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 Alert Admin 		Went to the Bendemeer office today to get the PROOF OF CLAIM FORM and got tis 1 old AhPek 
keep saying he lost alot of money and why the Gomen never help?
He said " I know what to do come next round" poor oldmancrying
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simplesimon
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07-Feb-2019 20:42     
 
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 Alert Admin 		Correction due to auto- correction! I would not vote for you this time and it is the first time that I would not vote for you because you carry only Angmos' balls and outsource too much to the Indians and Filipinos!
 

simplesimon      ( Date: 07-Feb-2019 20:17) Posted:

looks like temasek & gIC carry only Angmos' balls by rescuing Noble by buying a lot   of its shares! When it comes hyflux, they keep a closed eyes! I would vote for you thus time for the first time! You can go on to carry Angmos' ball! You can keep on contract out service job to foreign countries! We will fit you out to stop all these Angmos' ball carrying govt!
 

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simplesimon
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07-Feb-2019 20:17     
 
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 Alert Admin 		looks like temasek & gIC carry only Angmos' balls by rescuing Noble by buying a lot   of its shares! When it comes hyflux, they keep a closed eyes! I would vote for you thus time for the first time! You can go on to carry Angmos' ball! You can keep on contract out service job to foreign countries! We will fit you out to stop all these Angmos' ball carrying govt!
 
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Starship
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07-Feb-2019 10:31     
 
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 Alert Admin
Too many diehard fans and optimists remain still hoping that White Horses or even Temasek will come to the rescue even as the ship sinks.
Just like a replay of the Titanic.................cheeky


 

zillion      ( Date: 07-Feb-2019 10:23) Posted:

The group filed for bankruptcy protection in May last year, and investors still have no certainty about how much is recoverable. In a liquidation scenario, senior unsecured creditors can expect a recovery rate of 3.8 to 8.7 per cent, EY has told investors. Investors that rank below that class of claimants, including perpetual and preference shareholders, will receive nothing.
 

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zillion
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07-Feb-2019 10:23     
 
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 Alert Admin 		The group filed for bankruptcy protection in May last year, and investors still have no certainty about how much is recoverable. In a liquidation scenario, senior unsecured creditors can expect a recovery rate of 3.8 to 8.7 per cent, EY has told investors. Investors that rank below that class of claimants, including perpetual and preference shareholders, will receive nothing.
 
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cobrajr
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06-Feb-2019 18:19     
 
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 Alert Admin 		KNN already lose money now inconvinience people some more must go down to their office for registration 
really %%%#@$^*((& ^%$& *(9

john_ric      ( Date: 04-Feb-2019 16:32) Posted:

     
Retail investor' s Hyflux 6% PerCapSec# bond and CPS 6% bond also need to submit proof of debt.
Those are kept in CDP.

The question is how to submit??


JorgeL      ( Date: 03-Feb-2019 09:41) Posted:

Hello Qanghoo, could you share with us your experience on

1. how do you normally file the proffs of debt? Do you do it through a lawyer?

2. is there usually a shareholder meeting afterwards? How do bondholders get invited to this meeting?

Appreciate your assistance.
 
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john_ric
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04-Feb-2019 16:37     
 
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 Alert Admin 		just read this at hyflux' s website,

WATER treatment firm  Hyflux on Friday called for its creditors to file proofs of claim ahead of scheme meetings as the company undergoes debt restructuring.

The proofs, which will form a basis to vote on scheme proposals and to receive payments, must be submitted by 5pm on Feb 15.

For holders of the company' s bonds, perpetual securities and preference shares, however, their holdings as recorded by the Central Depository Pte Ltd (CDP) will be treated as proofs even if the holders do not file their claims, Hyflux said.
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john_ric
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04-Feb-2019 16:32     
 
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 Alert Admin 		     
Retail investor' s Hyflux 6% PerCapSec# bond and CPS 6% bond also need to submit proof of debt.
Those are kept in CDP.

The question is how to submit??


JorgeL      ( Date: 03-Feb-2019 09:41) Posted:

Hello Qanghoo, could you share with us your experience on

1. how do you normally file the proffs of debt? Do you do it through a lawyer?

2. is there usually a shareholder meeting afterwards? How do bondholders get invited to this meeting?

Appreciate your assistance.
 

Qanghoo      ( Date: 01-Feb-2019 21:14) Posted:

This is a procedural thing required by law, I think.  Recall that during my working life, I had  filed proofs of debt  on behalf of my employer as creditor. 
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Qanghoo
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03-Feb-2019 21:00     
 
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 Alert Admin 		Cases I was involved in were those of coys under liquidation.  Not sure if procedures are the same for coys seeking debt restructuring.  What i' m saying is filing of proofs of debt may be a statutory requirement. 

Anyway, recalling the first case I did, it was in the early 80s when I was still quite a new employee (in my mid 20s then) in the org.  There was this coy which owed us $90 (yes, that small).  We were after them like crazy.  Then one day, we received a note from the Registry of Public Trustees (think now it' s the Insolvency Office), informing us that the coy was under liquidation  n  had listed our  claim of $90 as one of its debts.  The Registry required us to file our proof of debt.  Recall that I had even attended a creditors mtg where we were told that, as an unsecured creditor, we were unlikely to get anyting.  Of course, in the end we got nothing. 

So, there u have it.  If my memory still serves me accurately.  that was  part of the process involving liquidation cases.  No lawyer needed.  Only that govt authority required us to file proof of our debt on a prescribed form.  Hope this little recollection is useful

JorgeL      ( Date: 03-Feb-2019 09:41) Posted:

Hello Qanghoo, could you share with us your experience on

1. how do you normally file the proffs of debt? Do you do it through a lawyer?

2. is there usually a shareholder meeting afterwards? How do bondholders get invited to this meeting?

Appreciate your assistance.
 

Qanghoo      ( Date: 01-Feb-2019 21:14) Posted:

This is a procedural thing required by law, I think.  Recall that during my working life, I had  filed proofs of debt  on behalf of my employer as creditor. 
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JorgeL
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03-Feb-2019 09:41     
 
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 Alert Admin 		Hello Qanghoo, could you share with us your experience on

1. how do you normally file the proffs of debt? Do you do it through a lawyer?

2. is there usually a shareholder meeting afterwards? How do bondholders get invited to this meeting?

Appreciate your assistance.
 

Qanghoo      ( Date: 01-Feb-2019 21:14) Posted:

This is a procedural thing required by law, I think.  Recall that during my working life, I had  filed proofs of debt  on behalf of my employer as creditor. 

Stephenchow      ( Date: 01-Feb-2019 21:08) Posted:

Really confusing, what the heck is this?
Creditors need to show IOU to prove that they are real creditors? A man needs to take down his pants to show that he is a man?
angry



 


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Qanghoo
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01-Feb-2019 21:14     
 
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 Alert Admin 		This is a procedural thing required by law, I think.  Recall that during my working life, I had  filed proofs of debt  on behalf of my employer as creditor. 

Stephenchow      ( Date: 01-Feb-2019 21:08) Posted:

Really confusing, what the heck is this?
Creditors need to show IOU to prove that they are real creditors? A man needs to take down his pants to show that he is a man?
angry



 

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