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Hyflux reveals Middle Eastern utility company Utico is its new would-be white knight
Much beleaguered water treatment firm Hyflux has announced that it is currently in talks with Utico FZC, a utility firm based in the Middle East, for a much-needed investment of funds to the tune of S$400 million (US$294 million). Hyflux received a non-binding letter of intent from Utico; the water-treatment…
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Click here to read the full story: The Independent