Hyflux Ltd (HYFL.SI) Key Developments | Reuters.com
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Hyflux Ltd (HYFL.SI)

HYFL.SI on Stock Exchange of Singapore

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30 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Hyflux says unit to divest HU WWT-YKG's entire equity interest in Nantong WWTP
Monday, 6 Jun 2016 08:40am EDT 

Hyflux Ltd : Divestment of Hyflux newspring (nantong) wwtp) . Deal for approximately RMB 52 million . Transaction will not have material financial impact to the group for the year ending 31 December 2016 . Unit Hyflux utility wwt entered into an agreement to divest hu wwt-ykg's entire equity interest in its unit Hyflux newspring (nantong) wwtp co . Agreement to divest equity interest in unit to Jiangsu yangkou port holding co., ltd .  Full Article

Hyflux reports Profit after tax and minority interests (PATMI) of S$7.3 mln
Thursday, 12 May 2016 05:18am EDT 

Hyflux Ltd : First quarter results . Profit after tax and minority interests (PATMI) of S$7.3 million for the three months ended 31 March 2016, up 30% . Group revenue for Q1 2016 rose to s$248.3 million from s$60.4 million in Q1 2015 . If the current challenging market landscape of low electricity prices continues, the power plant is expected to incur losses . Remain cautious on the market due to the short-term challenges arising from depressed oil prices and slower economic growth . Says we will continue to pursue projects in the Middle East, Africa, Americas and parts of Asia .  Full Article

Hyflux Ltd secures letter of intent for turnkey EPC contract for IWPP project in Egypt valued at $500 mln
Wednesday, 9 Mar 2016 01:08am EST 

Hyflux Ltd:Hyflux secures letter of intent for turnkey epc contract for iwpp project in Egypt valued at US$500 mln.Says letter of intent will be followed by signing of relevant contracts.Says 25 years operation and maintenance contract will be awarded to Hyflux for this plant.Project is expected to have a material financial impact on Hyflux for the financial year ending 31 December 2016.  Full Article

Hyflux Ltd secures contract in Saudi Arabia
Tuesday, 19 Jan 2016 07:45pm EST 

Hyflux Ltd:Hyflux wins another contract in Saudi Arabia.The project value is approximately US$ 50.4 million.Contract is to be fulfilled over one year, and is expected to contribute to the financials of Hyflux for the financial year ending 31 December 2016.Contract by Snamprogetti Saudi Arabia Co Ltd, a subsidiary of Saipem S.P.A.Contract to design, manufacture and supply a seawater reverse osmosis and sulphate removal facilities package in Khurais, Saudi Arabia.  Full Article

Hyflux Ltd signs an agreement to acquire stake in Kaqun Europe Zrt
Wednesday, 4 Nov 2015 06:00am EST 

Hyflux Ltd:Hyflux invests in European consumer water technology.Deal for US$8 million.Signed an agreement to eventually acquire a 30% stake in Kaqun Europe Zrt (Kaqun Europe).  Full Article

Hyflux Ltd says secures waste-to-energy project in Singapore
Wednesday, 16 Sep 2015 12:25am EDT 

Hyflux Ltd:Says Hyflux secures waste-to-energy project in Singapore.Says the project is valued at an estimated S$750 million.Says project is expected to be completed by 2019.Says project is not expected to have a material impact on the financials of Hyflux for the financial year ending 31 December 2015.Says Hyflux and MHI will respectively hold 75% and 25% of the shares in the project company.  Full Article

Hyflux Ltd announces interim dividend
Thursday, 6 Aug 2015 05:13am EDT 

Hyflux Ltd:Says an interim dividend of 0.70 Singapore cents per share has been declared for the six months ended June 30, 2015.  Full Article

Hyflux updates on sale and purchase agreement with JGC Corporation
Thursday, 30 Jul 2015 08:09am EDT 

Hyflux Ltd:Aggregate consideration for the sale shares, payable in cash, is US$30 million.Says unit spring China utility ltd entered into a sale and purchase agreement with JGC corporation.Says transaction will be funded through internal resources.Agreement to acquire jgc's entire equity interests in H.J. Newspring limited and H.J. Technical consultant pte ltd.Transaction expected to contribute to the consolidated net tangible assets and earnings of the group.  Full Article

Hyflux Ltd announces strategic collaboration between Co and Tus-holdings
Tuesday, 30 Jun 2015 09:57am EDT 

Hyflux Ltd:Says strategic collaboration between Hyflux and tus-holdings and transaction in China water assets.Aggregate consideration for transaction, payable in cash, is in the amount of 890 million yuan.Says consideration is payable in tranches subject to the fulfilment of certain conditions.Says invest co is intended to hold strategic investments in water projects in the people's republic of China.  Full Article

Hyflux Ltd wins contract to supply containerised desalination solution to kingdom of Saudi Arabia
Monday, 1 Jun 2015 07:11pm EDT 

Hyflux Ltd:Says it has been awarded a contract worth about $48 million from the state-owned Saline Water Conversion Corporation.Says the contract is to design, build and supply a containerised desalination system with a total designed capacity of 30,000 cubic metres per day to the Kingdom of Saudi Arabia.Says the project is expected to be completed in about eight months.  Full Article