Utico

Hyflux says S$535m rescue deal is Utico's valuation; deal still on the table
Hyflux says that it is in continued talks with Utico and stakeholders and material developments will be announced on SGXNet as appropriate
Utico to own 88 per cent of Singapore’s Hyflux
Total deal value seen at S$535 million; Hyflux will remain a separate listed entity
Utico Extends Hyflux Deal Validity to 27 June, offers Town Hall to PNP in July
Utico has requested that a PNP town hall is arranged during the week commencing 7 July 2019 if a binding agreement is entered into in line with the time line referred to above
UAE's Utico on the path for global expansion
UAE based water company, Utico, has dominated world headlines over the past few weeks since being revealed as the mystery white knight in the acquisition of Singapore’s struggling water company, Hyflux. Utico’s CEO, Richard Menezes, says that this is just the beginning as the company scales new heights in the global water utilities industry
UAE’s Utico faces stiff competition for Hyflux assets as Chinese investor picks interest
Singapore's Hyflux is in talks with at least seven investors for a potential cash infusion, and plans to enter into a binding term sheet with one of them by mid-June
Utico meets SIAS and PUB on Hyflux deal
During the meeting, Utico offered part cash redemption and also a hope for full redemption with a plan and exit option

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