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Trial of Hyflux founder Olivia Lum to start

The Edge Singapore
The Edge Singapore  • 3 min read
Trial of Hyflux founder Olivia Lum to start
Hyflux's then Tuaspring plant to filters water and generates power / Photo: Albert Chua
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The trial of Olivia Lum, the founder, former chairman and CEO of Hyflux, will begin on Monday, Aug 11.

Lum, who was for years celebrated as a rags-to-riches entrepreneur, is charged under the Securities and Futures Act for failing to disclose key information about the Tuaspring Integrated Water and Power Project.

Besides Lum, Hyflux's former CEO Cho Wee Peng, and several former board members are facing trial as well.

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