2 Shenton Way
2nd Level, SGX Centre 1
Singapore 068804
Hyflux: Corporate Profile
At this seminar, you will learn about the growth potential of Hyflux Ltd and Hyflux Water Trust. Find out how you can take advantage of the opportunities in the global water sector in which Hyflux Ltd is a market leader. |
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Speaker: | Presentation Synopsis |
Mr Sam Ong Group Deputy CEO & CFO HYFLUX LTD |
Hyflux Ltd is the first water company to be listed on SGX and it has today grown into a leading global corporation with operations spanning Southeast Asia, China and Middle East and North Africa. Hyflux also recently won the bid – amidst intense global competition from US, Europe and Japan – to build the world’s largest desalination plant in Algeria. In December 2007, Hyflux launched the first pure-play global water trust to be listed on SGX – Hyflux Water Trust (HWT). It enables investors to invest in water-related infrastructure assets in the global markets. Since its listing, its initial portfolio of water plants has increased significantly by 45% resulting in more than 1 million m3/ day capacity. Hyflux is focused on its asset-light strategy and HWT is one of such initiatives that can help unlock investor value. In Quarter 2, 2008, Hyflux’s profit quadrupled to S$22.6m. |
Speaker: | Topic – Trends & Overview of Water Sector |
Mr Alan Lok Analyst SIAS RESEARCH |
With interest rate consistently on the upside, the world has entered into an era of credit crunch. As infrastructural activities require huge cash inflow up front, the global water industry might witness some consolidation going forward. Over the past few weeks, share price of several water counters have dropped drastically. As such, it is also the time of the year when investors are asking themselves: Is it time for bottom fishing? Should we lock our focus on market leader like Hyflux? Or should we be even more defensive and put our bet on Hyflux water trust? |
There will also be a Panel Discussion and Q&A Session with Mr Sam Ong and Mr Alan Lok with Mr David Gerald as moderator.