ABU DHABI / GULF TIME As December settles over Abu Dhabi, Taparelle embraces the season …
Read More »Singapore’s Hyflux in talks with Utico to secure $294mn funds
Bloomberg Singapore’s Hyflux Ltd, the water and power company battling for survival, said it is in talks with Middle Eastern utility Utico FZC about securing S$400 million ($294 million) of funds, disclosing the identity of the potential investor after receiving a non-binding letter of intent. Hyflux’s legal and financial advisers are in discussions with Utico on the details of the …
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