Hyflux sues Olivia Lum for more than S$690 million over alleged negligence
#1

https://www.singaporelawwatch.sg/Headlin...uty-breach
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#2

Can sleep well tonight Big Grin

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#3

..
Send Olivia Lum to 110 years in Changi prison
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#4

She finally faces the music she made

No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn 
☝️
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#5

(24-12-2022, 10:57 AM)Lukongsimi Wrote:  She finally faces the music she made

Let Olivia drunk sewage water
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#6

[Image: nudie.gif]
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#7

No point lah. Just declare bankrupt and end of the story

Laughing
[+] 1 user Likes Gstalk's post
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#8

(24-12-2022, 10:49 AM)p1acebo Wrote:  Can sleep well tonight Big Grin

(24-12-2022, 10:55 AM)Scythian Wrote:  ..
Send Olivia Lum to 110 years in Changi prison

(24-12-2022, 12:07 PM)Gstalk Wrote:  No point lah. Just declare bankrupt and end of the story
Chances are that she will declare bankrupt............but meanwhile she is unable to sleep well......... crying
[+] 1 user Likes debono's post
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#9

She will fight the case. She is still very rich with many assets.
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#10

(24-12-2022, 12:15 PM)Clyde Wrote:  She will fight the case. She is still very rich with many assets.

Can she be able to fork out $690 million...........? Thinking
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#11

(24-12-2022, 12:07 PM)Gstalk Wrote:  No point lah. Just declare bankrupt and end of the story

that is how the rich get away scot free.

drive luxury car, stay big landed house but the law can't do anything cos all not under his name.
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#12

Olivia Lum Ooi Lin has been sued by water treatment firm Hyflux which she had helmed for claims of at least S$690.6 million over alleged negligence and breach of fiduciary duty.

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So it means that Singaporeans can also sue Ho Ching Billions for the 

same "alleged negligence and breach of fiduciary duty", too?

Why do we need 5 Mayors and 80 PAP Ministers? 
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#13

(24-12-2022, 12:26 PM)Ola Wrote:  Olivia Lum Ooi Lin has been sued by water treatment firm Hyflux which she had helmed for claims of at least S$690.6 million over alleged negligence and breach of fiduciary duty.

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So it means that Singaporeans can also sue Ho Ching Billions for the 

same "alleged negligence and breach of fiduciary duty", too?
HC  cannot be touched as she is the Empress Dowager........ Laughing
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#14

(24-12-2022, 12:16 PM)debono Wrote:  Can she be able to fork out $690 million...........? Thinking

Hyflux still has O/s projects in middle east and Africa.

Send Olivia to face trial in Middle east or Africa .
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#15

(24-12-2022, 12:29 PM)Scythian Wrote:  Hyflux still has O/s projects in middle east and Africa.

Send Olivia to face trial in Middle east or Africa .

How are the projects in the Middle east and Africa doing.........? still in the black.....? Clapping
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#16

34000 genuinely innocent retail investors got duped by her.
This evil CB can pretend to shed crocodile tears for those affected.

Meanwhile, she still enjoys life with her 2 big dogs and helper in a luxurious bungalow  .

Irony indeed.
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#17

Inherit dishonest gains would ends up in other’hands

No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn 
☝️
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#18

Show prove she dupe people to invest in Hyflux.
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#19

she literally ran a s$1billion scam using legally issued bonds

and fail in her duties as ceo
dunno how pap was able to just take her 1billion dollar tuas spring company for free or S$1
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#20

..

Olivia should have been dragged into an abattoir long ago..

Why she's still around?
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#21

the creditors are going after her assets to recover their losses.

her assets must worth a few hundred millions
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#22

Business Woman Life Cycle. When she goes wrong?

Lum holds several positions in public service. 

She is a board member of SPRING Singapore, the National University Singapore Council, and the Singapore Exchange, as well as the president of the Singapore Water Association. She is also a member of the UNESCAP Business Advisory Council and the Singapore Green Plan 2012 coordinating committee.[5] 

Lum was a Nominated Member of Parliament in the Parliament of Singapore from 2 July 2002 to 1 January 2005.[6] 

In 2003, she was awarded the International Management Action Award, followed by the Global Female Invent and Innovate Award the following year.[7]

On 3 October 2008, Lum resigned her position as independent non-executive director of the Singapore Exchange and relinquished her position on the audit, regulatory conflicts and remuneration committees of the Exchange, according to the Exchange's filing. She stated this was due to her heavy work commitments in line with Hyflux's rapid expansion, and that her resignation would enable her to focus more time and resources on Hyflux's growth.[8]

In 2011, Lum was named Ernst & Young World Entrepreneur Of The Year.

In 2013, Lum was appointed to the board at International Enterprise Singapore (IE Singapore)[9]

In 2014 she was appointed the board of Singapore Technologies Engineering (ST Engineering). In 2018, Lum resigned from this position citing business commitments as her reason for resignation.[10]

In May 2018, Hyflux applied to the Singapore High Court for a 30-day protection against creditor claims to allow the company time to reorganize its liabilities.[11] Following this voluntary filing, Lum announced a series of three townhall meetings with the company's 50,000 plus retail shareholders.[12] In July, Lum announced that efforts would be made to “ensure that the company stays viable.” Lum also noted that Hyflux had total debt of $1.17 billion.[13]

https://en.wikipedia.org/wiki/Olivia_Lum
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#23

Wayang show only. Dont get excited. 🤣🤣🤣
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#24

(24-12-2022, 02:40 PM)theold Wrote:  Business Woman Life Cycle. When she goes wrong?

Lum holds several positions in public service. 

She is a board member of SPRING Singapore, the National University Singapore Council, and the Singapore Exchange, as well as the president of the Singapore Water Association. She is also a member of the UNESCAP Business Advisory Council and the Singapore Green Plan 2012 coordinating committee.[5] 

Lum was a Nominated Member of Parliament in the Parliament of Singapore from 2 July 2002 to 1 January 2005.[6] 

In 2003, she was awarded the International Management Action Award, followed by the Global Female Invent and Innovate Award the following year.[7]

On 3 October 2008, Lum resigned her position as independent non-executive director of the Singapore Exchange and relinquished her position on the audit, regulatory conflicts and remuneration committees of the Exchange, according to the Exchange's filing. She stated this was due to her heavy work commitments in line with Hyflux's rapid expansion, and that her resignation would enable her to focus more time and resources on Hyflux's growth.[8]

In 2011, Lum was named Ernst & Young World Entrepreneur Of The Year.

In 2013, Lum was appointed to the board at International Enterprise Singapore (IE Singapore)[9]

In 2014 she was appointed the board of Singapore Technologies Engineering (ST Engineering). In 2018, Lum resigned from this position citing business commitments as her reason for resignation.[10]

In May 2018, Hyflux applied to the Singapore High Court for a 30-day protection against creditor claims to allow the company time to reorganize its liabilities.[11] Following this voluntary filing, Lum announced a series of three townhall meetings with the company's 50,000 plus retail shareholders.[12] In July, Lum announced that efforts would be made to “ensure that the company stays viable.” Lum also noted that Hyflux had total debt of $1.17 billion.[13]

https://en.wikipedia.org/wiki/Olivia_Lum

load of booster shots ,so, many bot.
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#25

.
This is playing catching
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#26

She has engaged a powerful and high flying lawyer to defend her....

Freaking rich....not her money just splurge.
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#27

Nominated MP leh
https://assets.bwbx.io/images/users/iqjW...200x-1.jpg
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#28

Has the bayi ever lose any case before?
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#29

KPMG is also being sued over negligence over its audit.

Likewise can Temasek be sued over its negligence over its so called due diligence?

If you dig deeper you will realize that Olivia is good frens with a certain person Big Grin

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#30

https://www.sammyboy.com/threads/pls-gue...so.266481/

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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