Talk:Olivia Lum

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additional information

I am new on Wikipedia, so I decided to post my information here in order not to mess up the article.

"Hyflux Group's judicial managers have filed an application to wind up the beleaguered water treatment company.

Borrelli Walsh said on Friday (June 4) that the decision was taken as a debt restructuring can no longer be achieved and the remaining value of the company is best realised in a liquidation. ... The judicial management application was filed by an unsecured working group of 19 banks owed $931 million by Hyflux.

The firm also owes $900 million to around 34,000 retail investors holding its perpetual and preference shares."

/web/20210606022655/https://www.straitstimes.com/business/companies-markets/hyfluxs-judicial-managers-file-court-application-to-wind-up-company