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Retail investors in Hyflux bind: Issuing of perpetual bonds should be better regulated

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If there is any lesson to be learnt from the financial debacle of debt-ridden water treatment company Hyflux, it must relate to the issuance and investment in perpetual bonds or securities.

 

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Hyflux receives letter of intent for S$400m investment; banks to seek judicial managementHYFLUX has received a non-binding letter of intent for a possible S$400 million injection from an owner and developer of water and power utilities based in the Middle East, the troubled water treatment firm said in an exchange filing on Thursday. Read more at The Business Times.
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