SM Investments terminates Hyflux rescue deal, both parties suing each other
Singapore – On April 19 (Friday), Indonesia’s Salim-Medco consortium SM Investments (SMI) announced the termination…
Hyflux’s Tuaspring Plant to be turned over to PUB on May 17, Water Purchase Agreement terminated
PUB, Singapore’s national water agency, issued a statement on April 17 (Wednesday) that it is…
Hyflux sues Indonesian consortium SMI, claims S$38.9m deposit made after restructuring deal
Singapore—In the latest chapter in its financial woes, embattled water treatment company Hyflux has now…
Hyflux lawyer: Too ‘premature’ to discuss new rescue plan
Singapore—A lawyer for Hyflux told the High Court on Thursday, April 11, that it is…
The cautionary tale of Hyflux’s Olivia Lum’s rags-to-riches story, says Bloomberg report
Singapore—Many hold CEO Olivia Lum responsible for the rise and fall of embattled water treatment…
Lim Tean announces he’s attending Saturday protest organised by Hyflux investors
Singapore—Investors of beleaguered water treatment company Hyflux are all set to protest on Saturday, March…
Hyflux investors to stage protest at Speakers’ Corner on March 30
Singapore: Some of the investors of Singapore’s beleaguered controversial water treatment firm Hyflux are planning…
PUB gives Hyflux deadline to resolve defaults, or it will take over Tuaspring
Singapore – The Public Utilities Board (PUB), Singapore’s water agency, announced on March 21 (Thursday)…
Hyflux investors could end up losing 90 percent of their capital in upcoming restructuring
Singapore: Investors in Hylux Ltd, the country’s controversial water and power company, may stand to…
Hyflux CEO Olivia Lum denies that she received S$60 million in dividends
Founder and CEO of struggling water treatment company Hyflux Olivia Lum refuted claims that she…