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SIAS's Hyflux rap: A wake-up call for corporate Singapore

Published Tue, Feb 12, 2019 · 09:50 PM

EARLIER this week, the Securities Investors Association (Singapore) issued a strongly-worded statement to the board of troubled water treatment firm Hyflux Ltd.

It voiced its concern that Hyflux has not addressed several issues regarding its financial position and that, after about nine months of silence, stakeholders - including creditors owed substantial amounts of money - deserve to know more about what went wrong …

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