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Hyflux International (Hyflux)

Olivia Lum, former Hyflux CEO faces three additional charges - THE EDGE SINGAPORE

Company in the news

Olivia Lum, former Hyflux CEO, faces three additional charges

In March, an independent director of Hyflux was also charged after being arrested in Malaysia.
Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA - THE EDGE SINGAPORE

Company in the news

Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA

DBS Bank was also probed for its role as issue manager in Hyflux's 2011 fundraising but no further action will be taken

Global Economy

Briefs: Singapore's probe into Noble Group to reach conclusion by 3Q; MAS chief on crypto rules

Quoteworthy: "I probably should have said the acute component of the pandemic phase." - Dr Anthony Fauci.
Hyflux releases FAQs on winding up including date of hearing and why Utico's offer wasn’t accepted - THE EDGE SINGAPORE

Company in the news

Hyflux releases FAQs on winding up including date of hearing and why Utico's offer wasn't accepted

Any distributions will also be made according to holders’ priority in the capital structure.
Utico's courtship of Hyflux still met with cool response - THE EDGE SINGAPORE

Company in the news

Utico's courtship of Hyflux still met with cool response

There seems to be no resolution to the rescue deal between Utico FZC and Hyflux.

Company in the news

Wilton Resources defends common director with Hyflux in SGX query

Wilton Resources’ nominating committee has decided that the company will retain Teo Kiang Kok as its lead independent non-executive director.

Company in the news

Jadason Enterprises director, who is also a director of Hyflux, also under investigation

The independent non-executive director of Jadason Enterprises, Teo Kiang Kok, who is also a director of Hyflux, is under investigation for suspected false and misleading statements as well as breaches of disclosure requirements under Hyflux.

Company in the news

Hyflux and directors under joint probe by CAD, MAS and ACRA

The company and its directors are under investigation for suspected false and misleading statements and breaches of disclosure requirements.

Debt and defaults

What are the lessons from the Hyflux haircut?

(Dec 20): In the 1970s, long-haired visitors to Singapore were required to cut their hair on arrival as unkempt locks were linked to hippie culture.

Restructuring

Hyflux finally signs $400 mil rescue deal with Utico

SINGAPORE (Nov 26): Embattled Singapore water treatment firm Hyflux has finally signed a $400-million restructuring agreement with Middle Eastern utility player Utico FZC.
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