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Hyflux Restructuring Plan – A Ruthless Elimination of Retail Investors?
By SG Young Investment  •  February 22, 2019
Hyflux has been the talk of the town lately due to its cash flow problems which triggered a restructuring process. This process is getting more and more hot after it announced the details of its restructuring plan. Retail investors now face as much as 90%-97% loss of their investment capital with this plan.

The Hyflux restructuring plan unveiled

For every S$1,000 invested, a holder of Hyflux’s perpetual securities and preference shares will recover S$106.54, or an implied return rate of 10.7%, under the company’s newly announced restructuring proposal. Out of this 10.7%, only 3% is paid in cash and the other in shares of Hyflux. For medium term note holders who are ranked higher on the creditors' list, they will get 24.6% where the cash component is about 13.9%.

Sadly, I am one of those affected as I've invested in the Hyflux 6% cumulative preference shares just 8 months before it was suppose

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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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