| Latest Forum Topics / Hyflux Last:0.21 -- |
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Hyflux
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Stephenchow
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15-Oct-2018 20:26
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Should this be a done deal if not extend to 29 Oct for what?   |
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Stephenchow
Veteran |
15-Oct-2018 20:24
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The Company refers to its announcement made on 6 July 2018 relating to the Tuaspring divestment process. Unless otherwise defined, capitalised terms in this announcement shall have the same meanings as ascribed to them in the aforementioned announcement. As stated in the 6 July 2018 announcement, under the agreement with Maybank, the Company is to execute a binding agreement with a successful bidder or investor by 15 October 2018. The Company has requested that this deadline be extended by two weeks, and has obtained Maybank&rsquo s in-principle approval for this extension of time up to and including 29 October 2018.  | ||||
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serious
Master |
15-Oct-2018 17:12
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Gues MayB also has no choice but to sell to Semb corp . | ||||
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gravity8888
Supreme |
15-Oct-2018 17:10
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maybe later suspended... This counter is really killing pll | ||||
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ysh2006
Supreme |
15-Oct-2018 13:16
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No news is good news not yet force sell yet!! Maybank no action yet!! | ||||
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Stephenchow
Veteran |
14-Oct-2018 11:40
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Similiar as me, the author probably has share/prep/bonds with the company  ![]()  
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ysh2006
Supreme |
14-Oct-2018 11:36
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Supposed no announcement yet Zb Sunday has an article saying govt should rescue it....only! Maybank will force sell it if no buyer after 15 Oct.
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marjohn
Veteran |
14-Oct-2018 11:06
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Gd news! White knights rushing to bail out hyflux. Big rush. Sembcorp kep n many more willing 1-1swap hyflux shares so ho say leow all debts paid n got $ many. Shares will soar reopen. Advised not to sell. | ||||
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ftokiat600
Member |
14-Oct-2018 10:07
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So thats it for hyflux ? Alot of sucide cases will be in the news soon... Bedok reservoir will be a hot spot |
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Observers
Elite |
13-Oct-2018 11:27
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The over supply of electricity is from the gencos not from the retailer. The retailer (SP Group) buys from gencos and sell it to end users with prices pegged to international oil/gas prices. It' s like when crude oil price was $40 per barrel, our petrol prices didn' t fall proportionately because the refiners didn' t proccess the excess crude to create an oversupply in petrol.
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Stephenchow
Veteran |
13-Oct-2018 08:45
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This is the basic standard strategy use in any property auction....
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Stephenchow
Veteran |
13-Oct-2018 08:36
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Ah May wants money back, ah Semb the one and only buyer wants to buy low, Ah Flux needs money desperately and couldn' t afford 80m loss /yr at the plant. My crystal ball, bid likely to be as low as 200m, if ah Flux refuse to sell, ah Semb will approach an May, add a few millions to cross the finishing line. Please correct me if I' m right 
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Qanghoo
Supreme |
13-Oct-2018 07:42
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But the freeing up of the elec mkt  with apparent cut-throut competition  doesn' t seem to augur very well .....
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tonylim70
Veteran |
13-Oct-2018 07:20
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If selling the Tuas Spring to low ballers , I got a feeling  that bond holders  may incurred quite a huge loss.. But with oil price/electricity tariff going up, shareholders, bondholders will be better off trying to rescue the business and then sell the business when it is making a profit..  
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tonylim70
Veteran |
13-Oct-2018 07:15
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Recently electricity tariffs increased by quite a substantial amount and quite a few times in the last half a year. At the rate it is going up, Hyflux may be making profit soon. To sell the business to low ballers would be a huge mistake. Is there a possibility that rights issue be conducted for shareholders to help tide the company for the next few months as the company may be rescued only on the electricity tariff increases. Better than selling dirt cheap to some low baller bidder.. Eletricity Tariff increases this year. Increase from April to June https://www.straitstimes.com/singapore/electricity-tariffs-to-increase-by-average-of-28-from-april-to-june Increase from July to September https://www.channelnewsasia.com/news/singapore/electricity-tariffs-to-rise-by-6-9-for-july-september-period-10482456 Increase from  Oct to December https://www.straitstimes.com/singapore/electricity-tariffs-to-increase-for-oct-1-to-dec-31-period   |
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tonylim2
Veteran |
13-Oct-2018 06:58
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Spore authority decide not MB .
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ysh2006
Supreme |
13-Oct-2018 05:14
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Can Maybank said Hyflux sell to Malaysian company which can come out a higher price ? YTL
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tonylim2
Veteran |
12-Oct-2018 22:23
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If HF owe MB 600m , potentisl buyer must pay 600m for TS ?
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playst
Member |
12-Oct-2018 21:11
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Hyflux owe $518.4 million to Maybank under a project financing loan. Bloomberg said Sembcorp' s offer was not enough to fully pay back loans to Maybank. It means Sembcorp is a lowballer who offer low price way below $518.4 million. Even if Tuaspring is sold off the preference shareholder will get nothing back unless the whole company was sold off and Olivia retired. |
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Stephenchow
Veteran |
12-Oct-2018 20:28
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Die if you do, damn if you don' t catch 22 situation you sort out youself or I sort out for you situtation.    Ah Semb will annouce if there is any deal next week   |
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