Hyflux is Singapore’s most high-profile debt-restructuring case, which has dragged on since a court-supervised process began in May 2018, frustrating creditors and some 34,000 retail investors.
SINGAPORE: Singaporean company Hyflux Ltd., which was put under judicial management last month, now has only about S$21.5 million ($16.2 million) in cash, according to a person familiar with the matter.
The amount is enough to last at least 10 months, the person said, asking not to be identified because the matter is private.
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