OREANDA-NEWS. 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.