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Hyflux 6% Perpetual Securities

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Old 15-05-2019, 11:22 AM   #3406
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Means......gg?
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Old 15-05-2019, 12:56 PM   #3407
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Means endgame double confirmed


Last edited by Knightoftheblackrose; 15-05-2019 at 12:59 PM..
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Old 15-05-2019, 01:04 PM   #3408
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Means endgame double confirmed

Best image of hossen Leong ever..haha
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Old 15-05-2019, 02:40 PM   #3409
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http://infopub.sgx.com/FileOpen/Anno...&FileID=559642

UPDATES ON REORGANISATION PROCESS – RECEIPT OF NON-BINDING LETTER OF INTEREST FOR ACQUISITION OF SPECIFIED ASSETS

Hyflux Ltd. (the “Company”, and together with its subsidiaries, the “Group”) refers to its ongoing court supervised reorganisation process and announcements on 25 April 2019, 3 May 2019 and 10 May 2019 in relation to receipt by the Company of non-binding letters of intent from potential investors.

The Company has received a non-binding letter of interest from a potential investor (the “Investor”) stating its intention to acquire certain of the Company’s assets in Algeria and Oman, as well as other assets in the Middle East and North Africa region (the “Proposed Transaction”). The Investor’s interest also includes the operation and maintenance activities relating to these assets.

The Company understands that the Investor is one of the top 10 largest desalination companies globally. The Investor is a subsidiary of one of the world’s leading infrastructure companies which is highly ranked for its expertise in transportation and greenfield infrastructure with a presence and workforce spanning 5 continents. The Investor is a specialist in engineering, construction, operation and maintenance of water treatment facilities, in particular water desalination plants, with a focus on build-own-operate-transfer, management of concessions and related services. The Investor intends the Proposed Transaction to grow its portfolio of desalination plants.

The Proposed Transaction is subject to regulatory clearance, due diligence and the execution of a binding agreement with terms to be mutually agreed. The Investor is conscious of the timeline and has indicated that it would be willing to devote all necessary resources to ensure that the due diligence process and the consummation of the Proposed Transaction (if any) are carried out in the shortest possible timeframe.

While the Company will consider all serious offers and expressions of interest received, the priority remains for a strategic investor for the entire Group. The Company is continuing its engagement with all potential investors and will make the appropriate announcements as and when there are any further material developments on the above matter.
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Old 15-05-2019, 03:50 PM   #3410
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http://infopub.sgx.com/FileOpen/Anno...&FileID=559642

UPDATES ON REORGANISATION PROCESS – RECEIPT OF NON-BINDING LETTER OF INTEREST FOR ACQUISITION OF SPECIFIED ASSETS

Hyflux Ltd. (the “Company”, and together with its subsidiaries, the “Group”) refers to its ongoing court supervised reorganisation process and announcements on 25 April 2019, 3 May 2019 and 10 May 2019 in relation to receipt by the Company of non-binding letters of intent from potential investors.

The Company has received a non-binding letter of interest from a potential investor (the “Investor”) stating its intention to acquire certain of the Company’s assets in Algeria and Oman, as well as other assets in the Middle East and North Africa region (the “Proposed Transaction”). The Investor’s interest also includes the operation and maintenance activities relating to these assets.

The Company understands that the Investor is one of the top 10 largest desalination companies globally. The Investor is a subsidiary of one of the world’s leading infrastructure companies which is highly ranked for its expertise in transportation and greenfield infrastructure with a presence and workforce spanning 5 continents. The Investor is a specialist in engineering, construction, operation and maintenance of water treatment facilities, in particular water desalination plants, with a focus on build-own-operate-transfer, management of concessions and related services. The Investor intends the Proposed Transaction to grow its portfolio of desalination plants.

The Proposed Transaction is subject to regulatory clearance, due diligence and the execution of a binding agreement with terms to be mutually agreed. The Investor is conscious of the timeline and has indicated that it would be willing to devote all necessary resources to ensure that the due diligence process and the consummation of the Proposed Transaction (if any) are carried out in the shortest possible timeframe.

While the Company will consider all serious offers and expressions of interest received, the priority remains for a strategic investor for the entire Group. The Company is continuing its engagement with all potential investors and will make the appropriate announcements as and when there are any further material developments on the above matter.
Thanks for the update.
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Old 15-05-2019, 04:01 PM   #3411
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Seem like everyday has new updates.
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Old 15-05-2019, 05:29 PM   #3412
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Latest breaking news. OK I realize I am a bit slow.

Hyflux saga: Maybank to take over Tuaspring power plant, PUB to take over Tuaspring water desalination plant

https://www.theonlinecitizen.com/201...ination-plant/
Is this fake news?
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Old 15-05-2019, 05:43 PM   #3413
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Is this fake news?
https://www.straitstimes.com/busines...nd-power-plant

This is not even a new news...Since last month reported by the news...
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Old 16-05-2019, 05:04 AM   #3414
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I never hear a company lose a "good" major asset, suddenly become more attractive..

First time I hear.
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Old 16-05-2019, 08:14 AM   #3415
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But it loses an asset along with the condition that it provides yyy/m3 water at $xxx.

So it loses the liability associated with said asset

I never hear a company lose a "good" major asset, suddenly become more attractive..

First time I hear.
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Old 16-05-2019, 08:53 AM   #3416
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I never hear a company lose a "good" major asset, suddenly become more attractive..

First time I hear.
Please tell us where it state that Tuaspring is a "good" major asset? It is Hyflux biggest assets which is also their biggest liability...

I'm really shocked that you do not know what a huge relief and a bailout that PUB taking over Tuaspring for $0 without pursuing any liquidated damages on Hyflux for breaching the Water Purchase Agreement...

Hyflux signed a binding contract to PUB to sell water to PUB for 25 years and they did not fulfill their end of the contract...If this was to go to court, Hyflux would definitely have to pay back PUB for breaching the contract...

I really wonder what value add do you add for your readers if you don't understand what is going on with your own investment...
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Old 16-05-2019, 03:05 PM   #3417
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I am of the same opinion as well. Hyflux retail investors are complaining about inadequate protection because there is high chances they will be wiped out.

If retail investors were not allowed to purchase perfs and perps, etc, the narrative would be different. It will be retail investors are denied high returns instruments, elite enriching elite, etc.

However, after monitoring the TG group, I have notice that some (at least one who don’t understand English well and has been relying on Google translate) are not financially literate and some who are spouting nonsense.

imo, the middle ground could be for investors to take a basic course (like what phv drivers are doing). I know that it cannot and will not be able to train everthing an investor needs to know. But basic stuff of investing like risk, they can and will be wiped out, never put all eggs into a basket, do not invest what you cannot afford to lose, etc.


This from the Telegram Chat today, just shows that if this Hyflux bonds are offered to Accredited Investors only, this group of people will be complaining that it is not made available to retail investors... Previously they called Hyflux a "Blue Chip" and "water is essential for Singapore survival"...
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Old 16-05-2019, 03:09 PM   #3418
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This from the Telegram Chat today, just shows that if this Hyflux bonds are offered to Accredited Investors only, this group of people will be complaining that it is not made available to retail investors... Previously they called Hyflux a "Blue Chip" and "water is essential for Singapore survival"...
LTA and HDB should take the initiative to offer retail bonds every now and then
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Old 16-05-2019, 05:47 PM   #3419
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DW = Dividends Warrior?
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Old 16-05-2019, 06:03 PM   #3420
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DW = Dividends Warrior?
Not me! I dun care about Hyflux, no vested interest.
Could be Dr. Wealth?
https://www.drwealth.com/
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