In last’s week’s Town-Hall meeting, in a distressed and disappointed mood, Hyflux"s CEO said that “ it was ironic that she built Hyflux and made it a success business story started from Singapore and yet fail because of Singapore’s project ( Tuaspring Integrated Water & Power Project -Link).
The Town-hall meeting was attended by almost 600-700 retail investors ( mostly retirees), with one reported to have invested more than $250,000 in 4.25% Perps Bond and also 200 plus MTN holders in early session.
“I’m retired so this was going to be a key part of my income but now, not just the income, I have to be worried about my capital. My kids are going to university soon so I have to figure another way out.” (Quoted from channelnewsasia.com )
Hyflux: ( Facts and Figures from various sources )
1 of Singapore’s most successful business story with ......