Losses suffered by Hyflux
1. Someone said that Hyflux incurred large losses on their overseas projects on on underquoting for the supply of water in the Tuaspring project. 2. Hyflux invested in the following overseas project Tianjin Dagang Newspring - loan of $121 million taken from a China bank Oman Quarayyat IWP - $250 m project awarded to Hyflax Hydrochem...
The Mystery of Why the Government Wants HDB To Make a Loss Solved
Recently the PAP have made use yet again, in a typically arbitrary high-handed and arrogant manner of their authoritarian POFMA law. LHL and his Government find this a brilliant tool to intimidate Singaporeans and stop them from questioning obvious discrepancies or piercing the veil of secrecy that shrouds the reserves and the...
A thought on prisoners detained under the Internal Security Act
On 11 January 2023, the media reported that in October 2022, the Internal Security Department (ISD) arrested and imprisoned Mohamed Khairul Riduan bin Mohamed Sarip, a 38-year-old teacher, under the Internal Security Act (ISA). It took the Ministry of Home Affairs three months to inform Singaporeans that he had been detained. Mohamed...
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