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Hyflux Ltd (HYFL.SI)

HYFL.SI on Stock Exchange of Singapore

0.62SGD
22 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Hyflux Ltd signs MOU with Saline Water Conversion Corporation
Monday, 13 Feb 2017 04:05am EST 

Hyflux Ltd : Signs MOU to develop three desalination plants in the kingdom Of Saudi Arabia . Desalination plants, valued at a combined estimate of SAR 687 million . Signed a memorandum of understanding with state-owned Saline Water Conversion Corporation .Projects are expected to have a material financial impact on HYFLUX pending finalisation of contracts.  Full Article

Hyflux Ltd updates on investments in advanced manufacturing, expansion of Elo business line
Monday, 6 Feb 2017 11:04pm EST 

Hyflux Ltd : Significant Investments In Advanced Mfg, Tech Commercialisation & Expansion Of New Elo Biz Line . Hyflux invested over s$30 million in a new fully-integrated and automated steel structure fabrication processing line at its tuas manufacturing plant . "Investment in robotics and automation will enhance operational productivity by about 25 per cent" . Hyflux is launching its flagship Elo Lab in Central Singapore .Signed a memorandum of understanding with Nanyang Technological University's (Ntu Singapore) Nanyang Environment and Water Research Institute.  Full Article

Hyflux says General Authority for Suez Canal Economic Zone requests change in contract awarded
Monday, 9 Jan 2017 04:51am EST 

Hyflux Ltd : General Authority for Suez Canal Economic Zone requested co to develop Ain Sokhna Iwpp under BOT/BOO structure instead of initial EPC contract awarded .Change in contract not expected to have a material financial impact on hyflux for financial year ending 31 december 2017.  Full Article

Hyflux says group remains cautious on business outlook in near term
Thursday, 3 Nov 2016 05:29am EDT 

Hyflux Ltd : "Group remains cautious on business outlook in near term" . Power market in Singapore continues to face strong headwinds . Elo new consumer line of business is not expected to contribute to group's financial performance in 2016 . Remains optimistic about potential of ELO consumer business and plans to expand ELO business beyond Singapore in near future .Profits generated from higher construction activities in 2016 would be offset by weak Singapore power market and electricity prices in near-term.  Full Article

Singapore exchange issues query regarding trading activity to Hyflux Ltd
Thursday, 18 Aug 2016 11:39pm EDT 

Hyflux Ltd : Query regarding trading activity) . Singapore exchange issues query regarding trading activity to Hyflux Ltd .  Full Article

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

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