I’ve been following the Hyflux saga on and off since my original article a while back, but this last weekend, things really started exploding after the “protest” at Hong Lim Park.
There are 3 key events that really caught my eye.
1. Clarification from Temasek.Earlier today, Temasek released a clarification that I’ve extracted it in full below (emphasis mine):
Letter to Straits Times: Temasek and its unit have not had investments in Hyflux since 2006
01 APR 2019
We refer to the article which mentioned Temasek’s investment in Hyflux (Temasek invested, so couple did so too; March 31).
Temasek’s investment in Hyflux was part of an initiative during the early 2000s to invest in
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