Sigh… investors who have never_老虎社区_美港股上老虎

Frank838
2021-06-15

Sigh… investors who have never thought it could turn out like this.

Singapore’s Hyflux May Fetch Under $151 Million in Liquidation

Keppel Infrastructure is one of the bidders: person familiar Firm has six offers after administrator

Singapore’s Hyflux May Fetch Under $151 Million in Liquidation

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":187485317,"tweetId":"187485317","gmtCreate":1623762023939,"gmtModify":1634028790423,"author":{"id":3557658553162330,"idStr":"3557658553162330","authorId":3557658553162330,"authorIdStr":"3557658553162330","name":"Frank838","avatar":"https://static.tigerbbs.com/0a37502bcae3223514fa473cba9087be","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Sigh… investors who have never thought it could turn out like this.</p></body></html>","htmlText":"<html><head></head><body><p>Sigh… investors who have never thought it could turn out like this.</p></body></html>","text":"Sigh… investors who have never thought it could turn out like this.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/187485317","repostId":1184288080,"repostType":4,"repost":{"id":"1184288080","kind":"news","pubTimestamp":1623742532,"share":"https://www.laohu8.com/m/news/1184288080?lang=&edition=full","pubTime":"2021-06-15 15:35","market":"sg","language":"en","title":"Singapore’s Hyflux May Fetch Under $151 Million in Liquidation","url":"https://stock-news.laohu8.com/highlight/detail?id=1184288080","media":"Bloomberg","summary":"Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator","content":"<ul>\n <li>Keppel Infrastructure is one of the bidders: person familiar</li>\n <li>Firm has six offers after administrator decided on liquidation</li>\n</ul>\n<p>Asset sales in a liquidation process atHyflux Ltd., Singapore’s highest-profile distressed company, would likely bring in less than S$200 million ($151 million), a person familiar with the matter said, a fraction of the amount creditors are claiming.</p>\n<p>Hyflux’s judicial manager Borrelli Walsh Ltd. filed a court application earlier this month to wind up the water-treatment and power company, and said there aresix bidsinvolving individual assets.</p>\n<p>There’s no specific timeline to sell these assets, but the judicial manager aims to do so as soon as possible, according to the person, who asked not to be identified because the matter is private.</p>\n<p>Proceeds of that size from the liquidation would confirm creditors’ concerns that they may get little back from the company, whichbegana court-supervised debt restructuring process in 2018 and faced about S$2.8 billion in total investor claims. Investors in the once-highflying firm include about 34,000 individuals who put money in products including perpetual notes and preference shares.</p>\n<p>Borrelli Walsh, which has been in charge of Hyflux since November last year, said in its statement earlier this month that the remaining value of the Hyflux Group would be best realized in a liquidation;read more details.</p>\n<p>Patrick Bance, a Singapore-based director at Borrelli Walsh, declined to comment when asked about the asset sale forecasts.</p>\n<p>One of the bidders for Hyflux assets is Singapore’sKeppel Infrastructure Trust, according to the person. It’s interested in the TuasOne waste-to-energy plant and the remaining 30% stake in the SingSpring desalination plant that it doesn’t own already, the person said.</p>\n<p>Keppel Infrastructure has contractual rights to acquire the 30% stake in the SingSpring plant and to take over the operations, and that’s unaffected by the liquidation proceedings, the firm’s spokesperson said in an email response to Bloomberg queries. The company is unable to comment further due to ongoing confidential discussions with Hyflux’s judicial manager, the spokesperson said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Hyflux May Fetch Under $151 Million in Liquidation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Hyflux May Fetch Under $151 Million in Liquidation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator decided on liquidation\n\nAsset sales in a liquidation process atHyflux Ltd., Singapore’s highest-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"600.SI":"凯发"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184288080","content_text":"Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator decided on liquidation\n\nAsset sales in a liquidation process atHyflux Ltd., Singapore’s highest-profile distressed company, would likely bring in less than S$200 million ($151 million), a person familiar with the matter said, a fraction of the amount creditors are claiming.\nHyflux’s judicial manager Borrelli Walsh Ltd. filed a court application earlier this month to wind up the water-treatment and power company, and said there aresix bidsinvolving individual assets.\nThere’s no specific timeline to sell these assets, but the judicial manager aims to do so as soon as possible, according to the person, who asked not to be identified because the matter is private.\nProceeds of that size from the liquidation would confirm creditors’ concerns that they may get little back from the company, whichbegana court-supervised debt restructuring process in 2018 and faced about S$2.8 billion in total investor claims. Investors in the once-highflying firm include about 34,000 individuals who put money in products including perpetual notes and preference shares.\nBorrelli Walsh, which has been in charge of Hyflux since November last year, said in its statement earlier this month that the remaining value of the Hyflux Group would be best realized in a liquidation;read more details.\nPatrick Bance, a Singapore-based director at Borrelli Walsh, declined to comment when asked about the asset sale forecasts.\nOne of the bidders for Hyflux assets is Singapore’sKeppel Infrastructure Trust, according to the person. It’s interested in the TuasOne waste-to-energy plant and the remaining 30% stake in the SingSpring desalination plant that it doesn’t own already, the person said.\nKeppel Infrastructure has contractual rights to acquire the 30% stake in the SingSpring plant and to take over the operations, and that’s unaffected by the liquidation proceedings, the firm’s spokesperson said in an email response to Bloomberg queries. The company is unable to comment further due to ongoing confidential discussions with Hyflux’s judicial manager, the spokesperson said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":56,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}