Utilities

Test Article
15 Jun 21
Test Article
Net profit of petrochemical specialist Sinostar surges to $15.36m in Q1 2021
10 May 21
The company has bounced back after a net profit loss in the same period last year.
SIIC Environment signs water treatment projects in Yangtze River Delta
19 Apr 21
The projects total 160,000 tonnes.
Sen Yue Holdings temporarily shuts down Malaysian subsidiaries due to COVID-19
23 Mar 21
A number of employees tested positive for COVID-19.
Keppel Infrastructure, PUB open Singapore's fourth desalination plant
5 Feb 21
KMEDP can produce 137,000 cubic metres of fresh drinking water daily.
SingPost operating profit drop 38% YoY to $26m in Q3
5 Feb 21
Its revenue for Q3 rose 1% QoQ to $351m.
Hyflux judicial managers to hold virtual townhall
5 Jan 21
It is scheduled on 14 January.
RSK Group to acquire water business in Singapore
5 Jan 21
Black & Veatch’s water businesses would be rebranded as Binnies.
3.2% cut to power prices in Q1
31 Dec 20
Electricity prices are set to fall in Singapore over the first quarter of the New Year.
SIAS to work with Hyflux suitors to support P&P holders
16 Nov 20
This comes after NY-based fund manager SGI unveiled a new rescue offer.
Google signs multi-year renewable energy deal with Sembcorp
15 Sep 20
This includes energy generated from 500 housing flats with rooftop solar installations.
Utico extends deadline for rescue offer to Hyflux
10 Sep 20
The company said that it will remain open regardless of whether a judicial manager is appointed.
Mitsubishi Power appoints new APAC CEO
2 Sep 20
Osamu Ono will oversee the company’s business growth in the region.
Swiss bank BCP alleges fraud in oil deal between ZenRock and China Aviation
19 Aug 20
BCP issued a letter of credit to finance its purchase of about 260,000 barrels of gasoil from CAO.
Utico grants deadline extension of RA acceptance for Hyflux
4 Aug 20
The UAE-based firm further reiterates that there are no other offers made available to them.
SIAS reiterates role in Hyflux deal
30 Jul 20
They also urge Utico to address the issues they earlier raised.
Sinohydro clinches $449.6m Tuas Water Reclamation Plant bid
29 Jul 20
It is the fourth major Tuas WRP construction contract awarded by PUB.
Hin Leong owner's family seeks to halt law firm from taking court role
27 Jul 20
Lim and his sister filed an application to restrain R&T from acting for the judicial managers of fleet manager Ocean Tankers.
Keppel Infrastructure Trust's DPU at 0.93 cents in Q2
23 Jul 20
Most of its business segments posted stable performances.
SIAS claims meeting with Indonesian businessman was a “courtesy call”
22 Jul 20
Reports claim that Johnny Widjaja is a potential investor in Hyflux.
BP Singapore oil traders placed on leave amidst disputed deals
21 Jul 20
The trading staff hold portfolios focussed on BP’s oil sales to Chinese customers.
Sembcorp Industries posts $131m net loss in H1 2020
20 Jul 20
It recorded exceptional items amounting to a negative $191m.
EMA, Shell invite SMEs to co-create energy solutions
20 Jul 20
This is to develop solutions to manage Shell’s service stations.
SIAS urges Hyflux' suitors to offer for P&P holders
20 Jul 20
None of the new potential investors has proposed offers for P&Ps yet.
Zheneng Jinjiang Environment secures $375.29m loan facility
16 Jul 20
The amounts borrowed under the facility will be used for the general corporate purposes of the group.
Keppel Marina East Desalination Plant commences operations
15 Jul 20
It can treat either seawater or freshwater drawn from the Marina Reservoir.
Hyflux's potential white knight prepares to launch invitation
14 Jul 20
The investor assured that they are aware of the tight timelines.
Hyflux gets another potential investor
13 Jul 20
Unilegend Investments is willing to add in an available working capital to the group.
Oil trader ZenRock to wind down in August: report
8 Jul 20
The company is expected to hand over responsibilities to a judicial manager.
Singapore ranked 14th priciest market for expats globally
6 Jul 20
It has compromised places with two Japanese cities Osaka and Nagoya.
Ascendas REIT 'not presently' pushing with Hyflux debt moratorium carve-out
6 Jul 20
This comes after the latter’s second pre-trial conference (PTC) on 2 July.
Hyflux gets $300m offer from another white knight
29 Jun 20
The proposal includes buying up the existing debt of Hyflux.
Oil trader Hin Leong has no future as independent company: PwC
24 Jun 20
The accounting firm found a number of irregularities in the oil trader’s finances.
High Court hearing of Hyflux scheduled on 27 July
22 Jun 20
This follows after its pre-trial conference last 18 June.
Everbright Water issues $59m worth of asset-backed securities
18 Jun 20
Proceeds will be used to replenish working capital of the company and its subsidiaries.
Power consumption surged 22% in May
17 Jun 20
Apart from WFH arrangement, the hot weather called for more power in cooling appliances.
Hyflux and Utico clash over restructuring deal
17 Jun 20
The water firm expressed that their revised offer may need more time.
Hyflux appoints new lead independent director
16 Jun 20
He succeeded Teo Kiang Kok who will still be the non-executive independent director.
Singapore's LNG scene hits multi-month low in April: Fitch Solutions
11 Jun 20
It came on the back of spot prices in the Asia LNG market being at its lowest point.
Oil traders sober up as Singapore event goes virtual: report
11 Jun 20
Annual Asia Pacific Petroleum Conference to be held virtually.

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