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Ferrier Hodgson appointed over lossmaking Hyflux asset

By Douglas Thomson

16 May 2019

Ferrier Hodgson appointed over lossmaking Hyflux asset istock.com/prompilove

As Singaporean water treatment company Hyflux announces new interest from potential overseas investors, Malaysia’s Maybank has appointed Ferrier Hodgson as receivers over its major asset – a water treatment facility whose lossmaking performance dragged the company into insolvency.