HYFLUX LTD Singapore, 9 January 2017 - Hyflux Ltd (Hyflux or The Group) wishes to announce that following the announcement made in April 2016, the General Authority for Suez Canal Economic Zone (SCZone) has requested Hyflux to develop the Ain Sokhna IWPP under BOT/BOO structure instead of the initial EPC contract awarded to Hyflux. Hyflux has identified partners to develop this project and will continue to discuss the investment terms with SCZone. More details will be announced when available. This is not expected to have a material financial impact on Hyflux for the financial year ending 31 December 2017.
About Hyflux- End -
Hyflux is a global leader in sustainable solutions, focusing on the areas of water and energy. Headquartered and listed in Singapore, the Group has operations and projects in Southeast Asia, China, India, the Middle East, Africa and the Americas. Hyflux is committed to providing cost-effective and innovative solutions that contribute to resource optimisation and sustainable growth for communities and industries. A specialist in water treatment, Hyflux is distinctive in its ability to address the challenges at every point of the entire water value chain. The Group's track record includes Singapore's first water recycling plant and some of the world's largest seawater reverse osmosis desalination plants in Algeria, China and Singapore.
For more information, please visit www.hyflux.com
For media and analyst enquiries, please contact:Bertha Cheung (Ms) Corporate Communications DID: (65) 3157 8031 Email:bertha_cheung@hyflux.com | Carol Huang (Ms) Investor Relations DID: (65) 3157 7635 Email: carol_huang@hyflux.com |
Hyflux Ltd. published this content on 09 January 2017 and is solely responsible for the information contained herein.
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