Sias wants Hyflux to organise town hall for perpetuals and preference share holders
It also proposes that Hyflux set up S$1.5m in escrow for the investor advocacy group's adviser fees
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Fiona Lam
Singapore
THE Securities Investors Association (Singapore) or Sias has invited Hyflux to organise a town hall with retail holders of its preference shares and perpetual securities (PnP), to better understand and respond to the investors' concerns and queries.
In a letter to the troubled water treatment firm, Sias president and chief executive officer (CEO) David Gerald proposed that a town hall be convened between March 11 and 17.
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