Taxpayers can't bail out Hyflux investors, Masagos tells Parliament; private home price index down 0.6% q-o-q in Q1 2019: URA flash estimate at
National water agency PUB’s actions over debt-hit Hyflux’s Tuaspring desalination plant have not weakened the public-private partnership model for critical infrastructure assets“We can understand the concerns and anxiety of the
retail investors and we are saddened by their plight, but the government cannot use taxpayers’ money to help investors recoup their investment losses, even if there are any proceeds from the takeover of the Tuas plant,' Mr Masagos said.
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