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Hyflux Ltd Announces Members’ Voluntary Liquidation Of Subsidiary


Friday, 30 Aug 2013 05:18am EDT 

Hyflux Ltd announced that on August 30, 2013, the members of Hyflux Filtech (Singapore) Pte Ltd (HFS), which is a subsidiary of the Company, have resolved to liquidate HFS by way of a members’ voluntary liquidation pursuant to Section 290(1)(b) of the Companies Act, Cap. 50. HFS wholly owns two subsidiaries in the People's Republic of China namely, Hyflux Filtech (Shanghai) Co., Ltd and Hyflux Unitech (Shanghai) Co., Ltd. The members of HFS are Hyflux and Ashcraft Holdings Pte Ltd (in compulsory liquidation). Mr. Timothy James Reid of Ferrier Hodgson Pte. Ltd. has been appointed as liquidator of HFS. 

Company Quote

0.94
-0.01 -1.05%
27 Apr 2015