SIAS reiterates role in Hyflux deal

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No They also urge Utico to address the issues they earlier raised. Securities Investors Association (Singapore) (SIAS) has clarified to Utico that their role is only to facilitate communication between the relevant stakeholders and the preference shares and perpetual securities (P&P) holders of Hyflux, it said in a press release. This follows after the UAE-based white knight called for SIAS to aid in avoiding Hyflux to fall under judicial management (JM).  read more