SINGAPORE -- Pressure is mounting on the Singapore government to seize a troubled desalination plant owned by debt-laden Hyflux after a bailout deal with an Indonesian consortium led by Salim Group collapsed Thursday.
Water treatment company has less than 30 days to avoid liquidation

A view of Singapore's financial district from Merlion Park. Hyflux played a key role in Singapore's desalination and recycling. © Reuters
SINGAPORE -- Pressure is mounting on the Singapore government to seize a troubled desalination plant owned by debt-laden Hyflux after a bailout deal with an Indonesian consortium led by Salim Group collapsed Thursday.