Archive for the ‘Business’ Category
Hyflux: Don’t cry for the investors
Perpetuals buyers were warned, while pref share investors made money in the 2011 pref shares issue. Tan Kin Lian in Hong Leong Park on Saturday shared that he was aware how some of them became Hyflux perpetual securities and preference shareholders despite not being financially “savvy”. “They were just ordinary investors...
Did Hyflux use retail investors to bail out institutional and accredited investors in 2016?
Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Solutions to Solve Hyflux Saga
There are a couple of ways to solve the Hyflux saga but the PUB getting FREE water plant is definitely NOT one of them. As I have put it, PAP government has played a big role in manipulating the market which eventually result in the Hyflux crisis. Hyflux also tried to be Smart Alec, thinking they could undercut others in pricing...
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