SIAS to work with Hyflux suitors to support P&P holders

Uploaded By:  Frances Gagua Submitted By:  Frances Gagua Case Study:  No This comes after NY-based fund manager SGI unveiled a new rescue offer. The Securities Investors Association (Singapore) or SIAS said it is prepared to work with any and all investors to support water treatment Hyflux’s preference shares and perpetual (P&P) holders. In a press release, SIAS president and CEO David Gerald said that they will work with all parties to provide information to P&P holders, as well as to help facilitate a restructuring once a binding and unconditional offer is made. read more