Securities and Futures Act
Former Hyflux legal officer unaware of power plant in bid for Tuaspring project
Prosecution and defence also trade allegations over disclosure of e-mails
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, says witness
That draft for the announcement that Hyflux was ahead in the bid for the Tuaspring project is now central to the case of alleged non-disclosure
DBS suggested Hyflux issue preference shares in 2011, Olivia Lum’s lawyer reveals
Senior Counsel Davinder Singh, representing the ex-Hyflux CEO, charges that the investigation officer was unfair to his client during the probe
Hyflux founder, ex-CEO Olivia Lum was determined to win Tuaspring bid, prosecution says
She wanted to cement its status as a global leader in the industry
Hyflux’s ex-director Mitta fined S$90,000, barred from directorships; Olivia Lum’s trial starts Aug 11
His case comes ahead of the trial against six others in the company over withheld information on the failed Tuaspring desalination plant project
Regulate short selling to tackle market manipulation
I REFER to the recent Business Times report on the conviction of a man who fraudulently induced others to trade (“Set up a Telegram chat group to trade shares? You may run afoul of the law”, BT, Oct 1...
Set up a Telegram chat group to trade shares? You may fall afoul of the law
A man who used Telegram chat groups to induce its members to trade in shares has been convicted under the Securities and Futures Act
Lim How Teck and four other Raffles Education directors charged with disclosure breaches
All the disclosure charges stem from a loan extended by Affin Bank to two subsidiaries of Raffles Education
GS Holdings asked to provide more information for ongoing probe
FOOD and beverage company GS Holdings has been ordered to provide more documents for an ongoing investigation into offences under the Securities and Futures Act.
GS Holdings assisting CAD, MAS in ‘confidential’ probe
FOOD and beverage company GS Holdings announced on Monday (Oct 30) that it is assisting the authorities in an investigation into offences under the Securities and Futures Act.