HYFLUX chief executive Olivia Lum is 'deeply saddened for the pain and loss' suffered by those who invested in or lent money to her now insolvent company. Read more at The Business Times.
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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.
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 ...
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
SIAS raises questions about Hyflux CEO’s remuneration amid financial troublesSINGAPORE: Despite a year of losses amounting to S$115.6 million, the CEO of troubled water treatment firm Hyflux received more than S$60 million ... About time people asked why is she still even there when she shld hve long resigned with the entire result& mgt failure . Yet olvidalum is collecting bonuses +gaining from profits while coy is struggling to restructure.A famous protégé select of Temasek head. Singapore hyflux
Hyflux replies to Sias letter ahead of scheme announcement HYFLUX chief executive Olivia Lum is 'deeply saddened for the pain and loss' suffered by those who invested in or lent money to her now-insolvent company. Read more at The Business Times.
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!!!
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.
Hyflux preparing responses to SIAS' queries on renumeration, accountability HYFLUX 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.
Hyflux CEO Olivia Lum volunteers to contribute entire stake of shares and securities as part of restructuringSINGAPORE - Hyflux chief executive Olivia Lum has volunteered to contribute her entire stake of 267 million Hyflux shares and securities as part of a proposed restructuring plan for the troubled water treatment company.. Read more at straitstimes.com.
I am deeply saddened for the pain and loss suffered by investors, lenders: Hyflux CEOSINGAPORE: Hyflux executive chairman and CEO Olivia Lum said on Friday (Feb 15) that she is 'deeply saddened for the pain and loss suffered' by ...