Hyflux Saga – Role & Responsibility of PUB, EMA, SP and MAS
First of all, the board of management of Hyflux has to bear the most responsibility in creating such a big mess.They have made a lot of assumptions when they bid for the tender to build and operate the desalination plant. For every assumptions made, there will always be risk involved that such assumptions may not hold at all....
Singapore: the emperor with resplendent clothes or the emperor with no clothes?
It depends on who you ask. To vlogger Nuseir Yassin, creator of the video series Nas Daily, Singapore is the “almost perfect country.” So resplendent is Singapore to him that he announced last week that he is moving here with his girlfriend. He is seeing Singapore through the eyes of a foreigner who fell in love with the...
PUB should take over the Tuaspring integrated plant and the debt for $0
I have been following Hyflux closely, so I know some of the facts. I hope that my comment below is accurate, constructive and helpful. Hyflux spent more than $1 billion to build the integrated complex. It is funded by shareholder's capital and a loan from Maybank. (I have asked a knowledgeable person to check the facts for me). PUB...
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