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10 Feb 2021 SINGAPORE, Singapore
New Singapore Desal Plant Can Treat Sea Water And Reservoir Water
Singapore has opened its fourth desalination plant in an effort to enhance water security measures across the country as daily water consumption rates reach 430 million gallons per day, with an expected two-fold increase in the next thirty years. The Keppel Marina East Desalination Plant (KMEDP) is Singapore’s first ever large-scale dual-mode plant which has the ability to treat both seawater from the coast and fresh water from the Marina Reservoir...
3 Jan 2021 SINGAPORE
Singapore Tests Flood Protection Technology
Singapore is testing a possible new addition to its arsenal to keep people dry when flash floods threaten during the monsoon season. While the new flood protection device looks like an ordinary blue plastic mattress, it is actually a high-tech equipment that was tried and tested in wet, rainy Britain...
28 Nov 2020 GENEVA, Switzerland
World Is "Alarmingly Off-track" To Deliver Sanitation Goals
On World Toilet Day, 19 November, the World Health Organization (WHO) and UNICEF launched a report on global sanitation conditions and provided an assessment of investment required in order to achieve Sustainable Development Goal (SDG) 6.2 in the next 10 years.In 2015, Member States committed to achieve access to adequate and equitable sanitation and hygiene for all and end open defecation, paying special attention to the needs of women and girls and those in vulnerable situations, by 2030...
18 Nov 2020 SINGAPORE, Singapore
Hyflux Remanded To Judicial Management
Singapore’s High Court ruled 16 November that Hyflux, Singapore’s premier water treatment company, is to come under judicial management (JM) immediately. The Board of the company and its founder, Olivia Lum, have lost control.Further OOSKAnews coverage of the Hyflux saga (150 articles)Restructuring, insolvency and forensic accounting firm, Borelli Walsh, who have been advising the 19 unsecured lenders owed almost $700 Million USD, were appointed to oversee operations and took over on the same day...
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10 Nov 2020 SINGAPORE
Legal Challenge To Sembcorp's Divestment Of South African Water Assets
The 718 million rand (S$70 million) sale of Sembcorp Industries' (SCI) South African municipal water assets, completed back in 2018, may potentially be reversed as a result of legal proceedings. In December 2018, SCI announced that its wholly-owned subsidiary Sembcorp Utilities (Netherlands) NV (SUNNV) had sold the entire stake in Sembcorp Utilities South Africa (SUSA) and the 100 per cent effective stake in Sembcorp Silulumanzi to South African Water Works...
14 Oct 2020 SINGAPORE
Another Financial Approach To Hyflux
Beleagured Hyflux has received a formal expression of interest from an American fund manager to invest at least S$204.78 million. The water treatment company said this in a regulatory filing two days before the High Court hears the judicial management application by the group's unsecured working group of banking creditors...
23 Sep 2020 SINGAPORE, Singapore
"Very Encouraging" Response To Hyflux Suitor's Debt Offering
Pison Investments has announced that 158 tender applications from senior unsecured creditors have been submitted in its pursuit to acquire the debt of financially stressed Singapore environmental services company Hyflux.The tenders from note holders and other eligible creditors continue to accumulate even past the set deadline of September 4...
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15 Sep 2020 SYDNEY, Australia
Climate Change May Displace Over 1.2 Billion People By 2050
More than 1.2 billion people are at threat of being displaced by 2050, due to environmental change, conflict and civil unrest, warns a new report by think tank the Institute of Economics & Peace.Predictions include that by 2040, 5.4 billion people – more than half of the world's projected population – will live in the 59 countries experiencing high or extreme water stress, including India and China...
14 Sep 2020 SINGAPORE
Record Fine For Construction Company's Damage To Singapore Water Main
A construction company has been fined S$56,500 for damaging a large water main and carrying out unauthorised works at Dunearn Road in September 2019, which disrupted water supply to nearly 40 households in the area. Feng Ming Construction was last month convicted of damaging a 500mm diameter water main and fined S$55,000, said PUB in a press release on Monday (Sep 14)...
30 Jul 2020 SINGAPORE, Singapore
Singapore High Court Extends Hyflux Debt Moratorium; Judicial Management May Follow
Unsecured bank lenders to troubled environmental services company Hyflux Ltd have succeeded in their appeal to the Singapore High Court to allow them to file an application to put the company under judicial management.More OOSKAnews coverage of the Hyflux Ltd sagaThe group consisting of Mizuho Bank, KfW, Bangkok Bank, BNP Paribas, Standard Chartered Bank, CTBC Bank and the Korea Development Bank holds more than $655 Million USD in debt...
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15 Jul 2020 SINGAPORE, Singapore
More Expressions Of Interest In Hyflux
The saga of financially distressed Singapore environmental services company Hyflux Ltd took another turn 10 July, with a new offer from yet another potential “white knight” investor, as Singapore-based Unilegend Investments approached Hyflux on behalf of an unnamed client that is purported to have interests in clean energy and water...
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18 May 2020 SINGAPORE
Innovative Systems Predict Singapore Flood Patterns, Risks
PUB, Singapore’s National Water Agency, has built an extensive drainage system to hold rainwater, and is using IoT sensors to keep it there. The sensors monitor water levels in the drains and provide early warning on likelihood of drain overflow. Two experts from PUB share how Singapore is predicting floods and downpours, and how it will protect its coastlines from the rising tides.