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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 ...
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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...
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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
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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.
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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.
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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.
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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’...
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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.
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