Hyflux appoints financial advisors in light of the proposed partial divestment of Tuaspring plant

Hyflux Ltd has appointed China International Capital Corporation (Singapore) Pte Ltd and DBS bank Ltd as its financial advisors in relation to its proposed partial divestment of Tuaspring plant in order to analyse and evaluate its strategic options.

In compliance with the listing rules of the Singapore Exchange Securities Trading Limited, Hyflux will make the appropriate announcements on SGXNET in the event there are material developments and/or executions of definitive or binding agreement(s). The partial divestment itself is subject to the approval from the relevant regulatory authorities.

Shareholders, investors or potential investors of Hyflux are advised to use caution when dealing with the company’s securities and forgo any actions in respect of their securities in the company that may harm their interests.