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Hyflux founder Olivia Lum and 5 others charged for violating Securities and Futures Act

SINGAPORE - Hyflux founder and former chief executive Olivia Lum Ooi Lin, former chief financial officer Cho Wee Peng and four former board members were on Thursday (Nov 17) charged with violations of the Securities and Futures Act. In a joint statement, the authorities said the six were charged over “Hyflux’s intentional failure to disclose information relating to the Tuaspring.

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