Hyflux is one of the world's leading technology-driven environmental companies, with operations and projects in Southeast Asia, China, India, the Middle East and North Africa. It provides a comprehensive suite of integrated services ranging from the sale of its proprietary membrane systems and components, to process engineering, project design and development, systems assembly, project management and operations and maintenance.
Its technology and solutions have been used in municipal water and wastewater treatment and water recycling projects, production of ultra-pure water, separation of fermentation broths of amino acids, antibiotics and vitamins, and solving separation bottlenecks in industries such as chemicals and food & beverages.
Hyflux was listed on the Singapore Exchange in 2000. It built and operated Singapore's first water recycling plant and also its first seawater desalination plant. Since then, it has won contracts to build the world's largest membrane based seawater desalination plant in Magtaa, Algeria and China's largest membrane-based seawater desalination plant in Tianjin, China. It was awarded “Water Company of the Year” in 2006 by Global Water Intelligence and voted as one of Forbes Asia's “Best Under a Billion” companies in 2005 and 2006. It also won Frost and Sullivan's "Technology Innovation of the Year Award 2007 - Desalination Technologies (Asia Pacific)” and its "Technology Innovation of the Year Award 2007 - Residential Water Treatment Equipment Market (Southeast Asia)”.
DBS Value-Add
Investment Thesis
Strengthened financial position of group to enable it to undertake larger projects
Provided financial advisory and Equity Capital Market services
Introduced strategic industry participants and clients
Fast growing global and regional need for clean drinking water and the recycling of industrial wastewater streams
Highly knowledgeable, experienced and motivated operator
Singapore Exchange-listed Asia Water is a market leader in the engineering, procurement and construction (“EPC”) of water treatment systems for the power sector in China. It is also a principal investor and operator of municipal water purification and waste water treatment projects. We provided a mezzanine financing to Asia Water along with a consortium of leading investors. Our financing enabled Asia Water to fund a series of successful bids for water treatment projects in China.
DBS Value-Add
Investment Thesis
Strengthened the financial position of the company and enabled it to undertake more projects
Active role in improving the Company's internal systems and controls as well as performance management
Increasing demand for water treatment in China
Leading and experienced first-tier provider of water treatment systems for power plants
Diversification into other areas such as municipal water and waste water treatment