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Ex-Hyflux CEO charged with additional offences under Companies Act

The charges relate to Hyflux's failure to disclose US$114.5m (approximately S$153.5m) worth of bank deposits that Hyflux had undertaken not to withdraw, as restricted bank balances. ....

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SPF | Former CEO of Hyflux Ltd Charged with Additional Offences under the Companies Act and another Independent Director of Hyflux Ltd Charged with an Offence under the Securities and Futures Act

Following further investigations by the Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), the former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, was charged in court today with additional offences under the Companies Act (Cap 50, 2006 Rev. Ed.)(CA), in relation to her failure to exercise reasonable diligence in the discharge of her duties as a director. ....

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Former Hyflux CEO Olivia Lum faces more charges over failings related to financial statements

SINGAPORE: Former Hyflux chief executive officer Olivia Lum Ooi Lin was on Friday (May 5) charged with additional offences for failing in her duties as a director with respect to the firm's financial statements. The charges relate ....

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Former CEO of Hyflux Ltd charged with additional offences under the Companies Act and another independent director of Hyflux Ltd charged with an offence under the Securities and Futures Act

Former CEO of Hyflux Ltd charged with additional offences under the Companies Act and another independent director of Hyflux Ltd charged with an offence under the Securities and Futures Act
mas.gov.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mas.gov.sg Daily Mail and Mail on Sunday newspapers.

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MAS fines Noble Group $12.6m for misleading disclosures

The firm was Asia's largest commodity trader before its collapse and restructuring after billions of dollars in losses.
Read more at straitstimes.com. ....

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