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SIAS questioning S$60 million dividends paid to Hyflux CEO amid negative cash flow and lossesWhen a company has been operating with negative cash flow yet reporting profits annually and giving generous remuneration to its top management amidst stakeholders losing their investments, the ears and eyes of Singapore’s Securities Investors’... Disgusting!!!
Source: IndependentSG - 🏆 2. / 72 Read more »
SIAS' letter to Hyflux boardThe Securities Investors Association (Singapore) (SIAS), representing the interests of the numerous stakeholders of various securities, is seriously concerned that many questions regarding the operations, valuation and accountability of the board of directors of Hyflux have not been addressed. Answers to these questions will help Hyflux securities holders make an informed decision with respect to the restructuring. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux preparing responses to SIAS' queries on renumeration, accountabilityHYFLUX on Monday confirmed that it has received the letter sent by the Securities Investors Association Singapore (SIAS) containing over 30 queries ranging from its chief executive's 'large remuneration' to the accountability of its board, and is currently preparing responses to be published on its website 'as soon as possible'. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hyflux extends deadline for stakeholders to file proofs of claimsSINGAPORE: Troubled water treatment company Hyflux will give its stakeholders two more weeks to file their proof of claims ahead of scheme meetings.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux extends deadline to file proofs of claim to March 1HYFLUX has given creditors and stakeholders a two-week extension to file their proofs of claims ahead of scheme meetings as the water treatment firm undergoes debt restructuring. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
SIAS' letter to Hyflux boardThe Securities Investors Association (Singapore) (SIAS), representing the interests of the numerous stakeholders of various securities, is seriously concerned that many questions regarding the operations, valuation and accountability of the board of directors of Hyflux have not been addressed. Answers to these questions will help Hyflux securities holders make an informed decision with respect to the restructuring. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »