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Why Hyflux under Mata Investigation, steal people wanna buy ah ??

rambo22

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Utico extends deadline for Hyflux's revised offer to end-June
 
The Middle Eastern suitor also clarified that small investors holding on to Hyflux’s perpetual securities and preference shares (P&P) would still qualify for a cash payout if the deal is accepted before Jun 30. Large investors will be paid in shares.

Dangling the carrot. Let's see who takes the bait. :wink:

https://www.uticome.com/

https://www.uticome.com/utico-meets-sias-and-pub-on-hyflux-deal/

“Full details can only be revealed later, but as part of the overall deal, small investors of up to S$2,000 to 3,000 could get 50% cash redemption along with full redemption opportunity while the rest of the investors could get a similar but staggered and cascade deal,” Mr. Richard said.
 
Hyflux is a crack on PAP's fundamental support group. The retirees and civil servants can shout PAP PAP PAP on surface but many are angry with PAP for disowning Hyflux. Assuming that there is no rally, the opposition does nothing, they should be able to bring down a few more GRCs and SMCs due to Covid and Hyflux's mess.
 
Proof that making water from air is a pipe dream. Singapore have to adopt Islam and be subservient to either lianbang or Indo for water.
 
who'd had expected water business which is critical for s'pore survival will go bankrupt??~~
 
Hyflux will be placed under liquidation unless got like Temasick pumped in $18 billion into SIA.
 
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