General Announcement::News release: SGX welcomes Hyflux Ltd's perpetual capital securities

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-May-2016 14:22:33
Status
New
Announcement Sub Title
News release: SGX welcomes Hyflux Ltd's perpetual capital securities
Announcement Reference
SG160530OTHRRXQZ
Submitted By (Co./ Ind. Name)
Ho Lily
Designation
AVP, Marketing and Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed the listing of Hyflux Ltd's perpetual capital securities with a distribution rate of 6% per annum, to be paid semi-annually, on the Mainboard under the stock code "BTWZ".

Hyflux is a global leader in sustainable solutions, focusing on the areas of water and energy. A specialist in water treatment, Hyflux'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.

Ms Olivia Lum, Executive Chairman and Group CEO of Hyflux, said, "We would like to thank investors for the enthusiastic subscription for the Offer, and thereby believing and participating in our growth as we continue to execute our strategies and strengthen our global leadership position in providing sustainable solutions in the areas of water and energy."

Tng Kwee Lian, Head of Debt Capital Market, SGX, said, "SGX is pleased to welcome Hyflux's successful retail perpetual offering. Our efforts on investor education will continue to support the development of the retail bond market. Investors keen on enhancing their knowledge in fixed income investment are encouraged to participate in the bond seminars offered by SGX Academy."

The total issue size of Hyflux Ltd's perpetual capital securities is S$500 million.


Attachments

20160530_SGX_welcomes_Hyflux_perpetual_capital_securities.pdf
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