I have been following the Hyflux implosion and restructuring (which is still ongoing). It is one of the most painful experiences for Singaporean investors in recent memory given its widespread uptake by retail investors. For the record, I have no position in any of Hyflux stock or its related securities.

You have investors who are understandably upset and angry at what has happened. Many of these grievances were taken up by SIAS who sent and publicly released a letter airing a lot of these concerns of which Hyflux has recently replied today.

There are several questions and answers which are extremely useful and relevant to all investors whether vested or not of which I have highlighted. Just to note, I have only highlighted the relevant points and you have to read the full document here if you want the full transcript.

Why did the Board continue to pay dividends, when