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Hyflux CEO Olivia Lum, board offer to give up company stake to other shareholdersSINGAPORE: The executive chairman of embattled water treatment company Hyflux and its board members are set to distribute their entire stake of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hyflux CEO Olivia Lum denies that she received S$60 million in dividendsFounder 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 the scrutiny of the...
Source: IndependentSG - 🏆 2. / 72 Read more »
Hyflux CEO Olivia Lum, directors offer to give up company stake to other shareholders
Source: TODAYonline - 🏆 1. / 99 Read more »
CEO Olivia Lum did not get S$60m in dividends in 2017, says HyfluxSINGAPORE — Beleaguered water treatment plant Hyflux has responded to a series of questions from Singapore’s investor watchdog, refuting claims that its founder Olivia Lum received more than S$60 million in dividends in the year her company’s shareholders and bondholders saw their entire in
Source: TODAYonline - 🏆 1. / 99 Read more »
Hyflux chief Olivia Lum 'deeply saddened' by losses suffered by investors, lendersSINGAPORE - Hyflux chief executive Olivia Lum is 'deeply saddened for the pain and loss' suffered by those who invested in or lent money to the now-insolvent company.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hyflux CEO to contribute entire stake to restructuring plan[SINGAPORE] Hyflux said its chief executive officer Olivia Lum volunteered to contribute her entire stake of 267 million shares and other securities in the embattled water-treatment company as part of a restructuring plan. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
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 »
Hyflux lays out restructuring plan to revitalise business, but retail investors lament big lossesSINGAPORE: Embattled water treatment firm Hyflux on Saturday (Feb 16) morning announced its closely-watched restructuring plan which it said would ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »