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Hyflux Ltd.
80 Bendemeer Road
Hyflux Innovation Centre
Phone: +65 62140777p:+65 62140777 339949  Singapore Ticker: 600600
Placed under Judicial Management on 11/16/2020
On 5/22/2018, The Board of Directors of Hyflux Ltd. announced that the Company and five of its subsidiaries, Hydrochem (S) Pte Ltd, Hyflux Engineering Pte Ltd, Hyflux Membrane Manufacturing (S) Pte. Ltd., Hyflux Innovation Centre Pte. Ltd. and Tuaspring Pte. Ltd. (collectively, the “Applicants”) applied to the High Court of the Republic of Singapore pursuant to Section 211B(1) of the Singapore Companies Act to commence a court supervised process to reorganize their liabilities and businesses. The Company is taking this step in order to protect the value of its businesses while it reorganizes its liabilities. Hyflux Ltd. appointed WongPartnership LLP as legal advisors and Ernst & Young Solutions LLP as financial advisors in this process.
On 11/16/2020, Hyflux Ltd. was placed under Judicial Management by The Singapore high court, pursuant to the provisions of Part 7 of the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018) (the “IRDA”).
Hamish Alexander Christie and Patrick Bance, both of Borrelli Walsh Pte. Limited were appointed as joint and several Judicial Managers of the Company.
Business Summary
Hyflux Ltd is a Singapore-based global provider of sustainable solutions. The Company is principally engaged in offering water treatment solutions and operates as desalination plant providers. The Company also provides waste-to-energy solutions. The Company operates water, wastewater, water recycling, desalination and power plants located in Asia, the Middle East and Africa. It owns and operates Singspring Desalination Plant, Singapore; Tuaspring Integrated Water & Power Project (IWPP), Singapore; Magtaa Desalination Plant, Algeria; Souk Tleta Desalination Plant, Algeria, and Tianjin Dagang Desalination Plant, China. The Company’s products include FerroCep stainless steel tubular membranes, PoroCep hollow fiber submerged membrane, Kristal polymeric hollow fiber ultrafiltration (UF) membrane, PoroCep membrane bioreactor (MBR) packaged systems, and Hyflux standard membrane systems.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201812/31/2017Yes----

Industries
SIC Code Description
4941 Water supply
4952 Sewerage systems
1629 Heavy construction, not elsewhere classified
3589 Service industry machinery, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Group Chief Executive Officer Ooi LinLum 57 2/22/2012
Group Executive Vice President Aik HockCheong 43 10/5/2015 10/5/2015
Executive Director Eng KweeKee 1/1/2013 5/3/2011
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Hydrochem (S) Pte Ltd. 80 Bendemeer Road Singapore Singapore
Hyflux Membrane Manufacturing (S) Pte. Ltd. 202 Kallang Bahru SG Singapore

Business Names
Business Name
600
Hydrochem (S) Pte Ltd.
Hyflux Engineering Pte Ltd
5 additional Business Names available in full report.

General Information
Number of Employees: 2,500 (As of 12/31/2017)
Outstanding Shares: 785,284,989 (As of 9/30/2018)
Shareholders: 16,936
Stock Exchange: SIN
Fax Number: +65 62141211


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Tuesday, January 2, 2024