Hyflux Is Said to Have Six Offers as Submission Deadline Nears

Hyflux Ltd., which was put under judicial management in November last year in Singapore’s most high-profile restructuring case, has six offers with one day left to submit bids, according to a person familiar with the matter.

All the six offers for the company are from overseas suitors, said the person who asked not to be identified because the matter is private. Two of those bids are for an entire restructuring of Hyflux, three are for specific assets of the water-treatment firm, and one party has expressed interest in restructuring the company and/or buying some of its assets, the person ...