Hyflux

SINGAPORE -- Troubled water treatment company Hyflux will finally go into liquidation now that a court has approved an application for winding up the company marking. Over the years Hyflux has had to deal with a snowballing mountain of debt.

The Rise Fall Of Hyflux Ltd The Holy Financier

In January 2014 Hyflux made its first issue of perpetual capital securities preps raising 300 million and in 2016 it made another security issuance raising 500 million.

. Joyce Koh and Ameya Karve. From market listing to liquidation. SINGAPORE - Hyflux founder and former chief executive Olivia Lum Ooi Lin former chief financial officer Cho Wee Peng and four former board members were on Thursday. SGD 399 Buy now.

As for Hyfluxs ex-CFO Cho he faced similar charges relating to Tuaspring for his alleged role in the companys intentional failure to disclose information relating to the project. The Tuaspring project which includes the desalination plant now operated by national water agency PUB had cost Hyflux 105 billion and had been a drag on the companys. November 17 2022 1558 pm 08. View as Grid List.

Get your Hot Cold Tankless Water. From market listing to liquidation January 2001 Hyflux raises net proceeds of S68 million in an initial public offering. Hyflux Ltd is engaged in water treatment services offering solutions in the areas of membrane-based desalination water recycling wastewater treatment including membrane bioreactor. Bloomberg -- Singapore charged the founder of Hyflux Ltd.

News over the past week that the judicial managers of water treatment firm Hyflux have applied for the company to be liquidated if successful brings an end to one of the most long. The former Chief Executive Officer of Hyflux Ltd Hyflux Ms Lum Ooi Lin its former Chief Financial Officer Mr Cho Wee Peng and four independent directors of Hyflux at the. HYFLUX and 35 companies in its group have lodged a lawsuit pre-emptively against their former independent auditor KPMG alleging breach of contract and possibly pursuing. HYFLUX CARBON FILTER HF1P-C-LONG LIFE.

And several people linked to the collapsed firm with offences related to the disclosure of information a step toward resolving one of the nations most high-profile. Hyflux started with a simple strategy of focusing on being a water treatment specialist which served it well over its first two decades. Unfortunately liquidation means that the companys 34000 retail investors to whom it owes 900 million will most likely get nothing from the disposal of Hyfluxs assets. Singapores leading brand in distribution and retail of high technology water dispenser filters and household products ideal for your homes and offices.

Read more at The Business Times. - A A. January 2001 Hyflux raises net proceeds of S68 million in an initial public offering. Hyfluxs former chief executive officer CEO chief financial officer CFO and four independent directors were charged in court on Nov 17 for disclosure-related offences under.

And several people linked to the collapsed firm with offences related to the. Against four independent directors of Hyflux Teo Kiang Kok Gay Chee Chong Murugasu Christopher and Rajskar Kuppuswami Mitta One count each of section 2032 read. As of March 31 the company chalked up S13 billion in net borrowings compared with S1 billion in. Singapore charged the founder of Hyflux Ltd and several people linked to the collapsed firm with offences related to the.

Former Hyflux CEO Olivia Lum Ooi Lin was among six people charged on Thursday Nov 17 over the companys failure to disclose information about the Tuaspring.