18 Apr 2019
Do you think that Hyflux will get nationalized? and if so, will the government then help to pay off the bad debt?
I guess when you mentioned government, you're probably referring to Temasek / GIC. Temasek once had a 4+% stake in Hyflux back in 2003 but subsequently reduced it's position to less than 1% in 2005. Therefore I believe it would rather write-off this as a bad debt than to try and rescue it
Not a chance. PUB is our national water agency, why would they need Hyflux?...
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