Hyflux’s pre-emptive lawsuit against Olivia Lum is on hold
HYFLUX’S pre-emptive lawsuit against its founder Olivia Lum Ooi Lin has been put on hold upon the plaintiffs’ application as Hyflux’s liquidators are still investigating if there are sufficient grounds to pursue the claims.
A pre-trial conference was held on Monday (May 23) for what the plaintiffs termed a “protective writ” against Lum.
Senior Counsel Davinder Singh and lawyer Jaikanth Shankar, who act for Lum, told The Business Times on Monday that the High Court granted the plaintiffs a temporary stay of the proceedings until Sep 27, 2022. The plaintiffs said they need more time for their investigations and to take legal advice.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
The S$1 million National Day paradox: ‘money dysmorphia’ amid a wealth surge
Over 2.4 million adult Singaporeans to get special S$400-S$600 cash payment in September
Why Asean matters more than ever to the UK and Singapore