SUBSCRIBERS

Olivia Lum may face legal action as Hyflux group lodges pre-emptive lawsuit

 Tay Peck Gek
Published Wed, May 11, 2022 · 08:57 AM
    • Olivia Lum Ooi Lin could be asked to make compensation if the plaintiffs in the pre-emptive lawsuit proceed with the claims.
    • Olivia Lum Ooi Lin could be asked to make compensation if the plaintiffs in the pre-emptive lawsuit proceed with the claims. SPH Media

    OLIVIA Lum Ooi Lin is staring at the possibility of legal action taken by the group of companies she founded as the beleaguered Hyflux group and its liquidators have lodged a lawsuit pre-emptively against her.

    The case was filed by the mainboard-listed water treatment company Hyflux, together with 35 subsidiaries as well as the 2 liquidators from Borrelli Walsh who are in charge of winding up the group, after failed attempts by Hyflux to stave off liquidation.

    A cause book search result showed that a writ of summons was filed in Singapore’s High Court on Mar 28, seeking a declaration against Lum with damages to be assessed. The cause book search result did not detail the declaration sought.

    Copyright SPH Media. All rights reserved.