Anonymous
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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Billy
28 Mar 2019
Development & Acquisitions Manager at Real Estate Private Equity
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Nicholes Wong
28 Mar 2019
Diploma 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
28 Mar 2019
Tag Team Member at Kenichi Tag Team
Not a chance. PUB is our national water agency, why would they need Hyflux?...
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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