Hyflux
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Banks initially not told of Tuaspring power plant to prevent information leak, court told
It was kept from lenders to protect company’s strategy from rivals, Olivia Lum’s counsel says
Banks not told of power plant when they gave in-principle loan commitment to Hyflux’s Tuaspring project: witness
Consortium sends 18 questions to company upon finding out about the higher-risk power plant
Hyflux ex-company secretary testifies 2 lawyers involved in preference shares document
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand next week
Legal officer ‘responsible’ for the compliance of fundraising document named in Olivia Lum’s trial
Court hears that Joscelyn Tan, Hyflux’s former legal officer for corporate finance, would have been in charge
Former Hyflux legal officer unaware of power plant in bid for Tuaspring project
Prosecution and defence also trade allegations over disclosure of e-mails
Former Hyflux comms executive testifies that news release did mention power business
The document relates to the company being named the preferred bidder by national water agency PUB for the Tuaspring integrated water and power project
Prosecution, defence spar over request for evidence on how banks reacted to Hyflux power strategy
[SINGAPORE] A war of words erupted between the prosecution and defence in the Hyflux criminal trial on Sep 3, following a surprise request by Senior Counsel Davinder Singh for correspondence between H...
Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
[SINGAPORE] Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.
Olivia Lum trial: What counts as non-disclosure?
Prosecutors in this case contend that Hyflux’s entry into a new, high-risk business area to subsidise a core business would have shaped investment calls
