Tag: Tuaspring

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 of its plans, in “accordance with the terms of...

Hyflux’s Tuaspring Plant to be turned over to PUB on May 17, Water Purchase...

PUB, Singapore’s national water agency, issued a statement on April 17 (Wednesday) that it is set to take over Hyflux’s Tuaspring Desalination Plant (TSDP)...

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) that it plans to take over Hyflux’s Tuaspring desalination...

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 received S$60 million in dividends in 2017. Hyflux came under...
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