hyfuc ceo jinx lam charged. - Printable Version
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: hyfuc ceo jinx lam charged. (/Thread-hyfuc-ceo-jinx-lam-charged)
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: hyfuc ceo jinx lam charged. (/Thread-hyfuc-ceo-jinx-lam-charged)
hyfuc ceo jinx lam charged. - Bigbluedot - 17-11-2022
Former Hyflux CEO Olivia Lum, ex-CFO and directors charged over failure to disclose information about Tuaspring
RE: hyfuc ceo jinx lam charged. - p1acebo - 17-11-2022
Where is honestboy?
RE: hyfuc ceo jinx lam charged. - menghuii - 17-11-2022
so sad right?
people up there playing games which authorities wldnt n cldnt hv known n investors all mong cha cha!
RE: hyfuc ceo jinx lam charged. - debono - 17-11-2022
(17-11-2022, 06:32 PM)menghuii Wrote: so sad right?
people up there playing games which authorities wldnt n cldnt hv known n investors all mong cha cha!
Investors here depends on the financial report made by the directors.......
RE: hyfuc ceo jinx lam charged. - singaporean1964 - 17-11-2022
BECOS OF THEIR DISHONESTY
they tried to sell new bonds
to cover their bacside
no wonder the 500million new issue bonds money dissapeared within less than 1 year
RE: hyfuc ceo jinx lam charged. - Sharexchange - 17-11-2022
John soh pattern....same from Malaysia..Malaysian...Jiu Hu Kia...-!
RE: hyfuc ceo jinx lam charged. - singaporean1964 - 17-11-2022
lee sianz long should come out and apologize
he was the one that highlyrecomend her /her company on a certain national day
RE: hyfuc ceo jinx lam charged. - Sharexchange - 17-11-2022
(17-11-2022, 07:00 PM)Sharexchange Wrote: John soh pattern....same from Malaysia..Malaysian...Jiu Hu Kia...-!
Its in their Malaysia blood! As evidence from Durian Sellers...Plumber...Aircon service...most out to cheat you singaporean Money!
RE: hyfuc ceo jinx lam charged. - Sharexchange - 17-11-2022
(17-11-2022, 07:01 PM)Sharexchange Wrote: Its in their Malaysia blood! As evidence from Durian Sellers...Plumber...Aircon service..car workshop...chap chai png...most out to cheat you singaporean Money!
RE: hyfuc ceo jinx lam charged. - debono - 17-11-2022
(17-11-2022, 07:01 PM)singaporean1964 Wrote: lee sianz long should come out and apologizeI also recall seeing LHL praising her on tele................
he was the one that highlyrecomend her /her company on a certain national day
RE: hyfuc ceo jinx lam charged. - Niubee - 17-11-2022
This Hyflux lady also one rotten egg. Temasek really support rojak talents.
RE: hyfuc ceo jinx lam charged. - drgn - 17-11-2022
the punishment is way too little.
should sentence them for at least 10 years.
RE: hyfuc ceo jinx lam charged. - debono - 17-11-2022
(17-11-2022, 08:26 PM)drgn Wrote: the punishment is way too little.
should sentence them for at least 10 years.
She committed white collar crime, therefore the sentence is much lighter.....
RE: hyfuc ceo jinx lam charged. - Bigbluedot - 17-11-2022
Olivia Lum Owes a Sum
Under the SFA’s section 203(2) read with section 331(1), Lum was charged with consenting to Hyflux’s intentional failure to disclose information relating to the Tuaspring Integrated Water and Power Project, even when the disclosure was required by the Singapore Exchange Listing Rules.
If found guilty, she may be sentenced to up to seven years in jail and/or fined up to $250,000.
Under SFA’s section 251(1)b read with sections 253(4)(b)(i) and 277(3), she was also charged over Hyflux’s withholding of the same information relating to Tuaspring in the 2011 Offer Information Statement (OIS).
If found guilty, she may be sentenced to up to two years in jail and/or fined up to $150,000.
Under the CA’s section 201(5) read with section 204(1), Lum was charged over failure to ensure that Hyflux made disclosures required under the accounting standards for their financial statements in 2017.
This included the failure to disclose the breach of a subsidiary’s loan agreement that permitted lenders to demand accelerated repayment.
If found guilty, she could be fined up to $50,000.
===================================
from the above , 250k+ 150k+ 50k= 450k nia if found guilty.
===
the investors' money she utong is billions!
this is law!
RE: hyfuc ceo jinx lam charged. - drgn - 18-11-2022
(17-11-2022, 11:57 PM)Bigbluedot Wrote: Olivia Lum Owes a Sum
Under the SFA’s section 203(2) read with section 331(1), Lum was charged with consenting to Hyflux’s intentional failure to disclose information relating to the Tuaspring Integrated Water and Power Project, even when the disclosure was required by the Singapore Exchange Listing Rules.
If found guilty, she may be sentenced to up to seven years in jail and/or fined up to $250,000.
Under SFA’s section 251(1)b read with sections 253(4)(b)(i) and 277(3), she was also charged over Hyflux’s withholding of the same information relating to Tuaspring in the 2011 Offer Information Statement (OIS).
If found guilty, she may be sentenced to up to two years in jail and/or fined up to $150,000.
Under the CA’s section 201(5) read with section 204(1), Lum was charged over failure to ensure that Hyflux made disclosures required under the accounting standards for their financial statements in 2017.
This included the failure to disclose the breach of a subsidiary’s loan agreement that permitted lenders to demand accelerated repayment.
If found guilty, she could be fined up to $50,000.
===================================
from the above , 250k+ 150k+ 50k= 450k nia if found guilty.
===
the investors' money she utong is billions!
this is law!
fine her is not a punishment for her, even a few millions.
should jail her
RE: hyfuc ceo jinx lam charged. - Bigbluedot - 18-11-2022
(18-11-2022, 07:46 AM)drgn Wrote: fine her is not a punishment for her, even a few millions.
should jail her
right. coz the money she has is not her money but investors' money she siphoned!!!
RE: hyfuc ceo jinx lam charged. - debono - 18-11-2022
(18-11-2022, 07:46 AM)drgn Wrote: fine her is not a punishment for her, even a few millions.
should jail her
(18-11-2022, 01:22 PM)Bigbluedot Wrote: right. coz the money she has is not her money but investors' money she siphoned!!!
The fraud is in terms of billions, a $450K fine is peanuts....
RE: hyfuc ceo jinx lam charged. - wulala - 18-11-2022
wayang wayang lah, once upon a time this was a MSCI listed company, don't tell me the top don't know?
RE: hyfuc ceo jinx lam charged. - wendychan - 18-11-2022
OFF TOPIC but Asian women really need to stop dying their hair in an effort to look like fake ang mos
https://www.straitstimes.com/business/ex-hyflux-ceo-olivia-lum-ex-cfo-and-four-others-charged-for-violations-of-securities-and-futures-act
RE: hyfuc ceo jinx lam charged. - singaporean1964 - 18-11-2022
should not fine them
since they have money from the investors to bail themselves out
must jail them
RE: hyfuc ceo jinx lam charged. - Bigbluedot - 18-11-2022
jail and should ask this jinx to cough out the investors' money (in billions).
RE: hyfuc ceo jinx lam charged. - babygirl - 18-11-2022
(17-11-2022, 07:01 PM)Sharexchange Wrote: Its in their Malaysia blood! As evidence from Durian Sellers...Plumber...Aircon service...most out to cheat you singaporean Money!
RE: hyfuc ceo jinx lam charged. - debono - 18-11-2022
(18-11-2022, 04:16 PM)Bigbluedot Wrote: jail and should ask this jinx to cough out the investors' money (in billions).
Where to find billion dollars to pay investors.......?
RE: hyfuc ceo jinx lam charged. - Bigbluedot - 18-11-2022
Lum, 61, who was handed three charges, is out on bail of $100,000.
RE: hyfuc ceo jinx lam charged. - jus4lucky - 18-11-2022
100 year jail.
RE: hyfuc ceo jinx lam charged. - [[ForeverAlone]] - 18-11-2022
she still got the mood dye her hair , I think she go jail come out also RICH
RE: hyfuc ceo jinx lam charged. - Bigbluedot - 18-11-2022
She knows how to kaeng.