facebookDo you think that Hyflux will get nationalized? and if so, will the government then help to pay off the bad debt? - Seedly
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Anonymous

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?

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    Discussion (3)

    What are your thoughts?

    Billy Ko

    Billy Ko

    28 Mar 2019

    Level 10ยทFinancial Analyst at REPE Firm

    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

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      Nicholes Wong

      Nicholes Wong

      28 Mar 2019

      Level 10ยทDiploma in Business Management at Nanyang Polytechnic

      Nope they will not. If they do that, I will be even more disappointed in our government.

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        Gabriel Tham

        Gabriel Tham

        28 Mar 2019

        Level 14ยทTag Team Member at Kenichi Tag Team

        Not a chance. PUB is our national water agency, why would they need Hyflux?...

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