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SIAS urges Hyflux to give equal treatment to holders of its perps

Singapore

THE Securities Investors Association (Singapore) on Thursday called on Hyflux to consider according equal treatment to perpetual securities investors.

"It must be recognised that these investors are not on the same footing as institutional investors. They have put their hard earned life savings into this company, trusting the owners and the management to deliver. They must find the way to preserve value for these investors, though it may take time."

SIAS also urged "all parties to refrain...

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