Unless you’ve been living under a rock the past few months, you’ve probably heard about the Hyflux saga. With stories about how retirees placed their entire life savings in Hyflux perpetuals only to watch it go up in smoke, it’s hard to miss this one.

If you don’t know anything about Hyflux, I suggest that you start by reading Olivia Lum’s response to questions posed by SIAS, which was actually pretty informative.

Hyflux was originally a water solutions provider (water filtration). Over time, they evolved to provide more integrated solutions, to cover water, power and waste management needs.  Where it all went wrong, was the Tuasspring Integrated Water and Power