Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Hyflux plan raises transparency questions in Singapore

By Kyriaki Karadelis

19 February 2019

Hyflux plan raises transparency questions in Singapore Water treatment plant / iStock.com/TerryJAlcorn

Facing growing criticisms for what some have termed an opaque process placing a disproportionate burden on unsecured creditors, Singaporean water treatment company Hyflux has asked a court to schedule scheme meetings for a restructuring plan it revealed over the weekend.