End of the road for Hyflux as High Court okays winding up of water treatment firm

Olivia is still a wealthy woman. Too bad ,for the equity and bond investors.
 
Dear fellow Hyflux Preference shareholders and perpetual securities holders (PnPs),

A group of volunteers have formed a litigation committee and this email is an invitation to fellow PnPs who are interested in joining.

We currently have a legal firm ready to commence on the legal opinion. With this legal opinion and the aid of the legal firm, we plan to source for litigation funders subsequently. The legal firm has not commenced on their work, pending this fund raising exercise.

We are seeking $50 from each PnP who chooses to join. The legal fee charged by the lawyer for the legal opinion is capped at SGD20,000.

Hence, we need at least 400 PnPs to join before we proceed.

Subsequently, only those who have funded, registered with complete, accurate details and shown their proof of holdings with their full name shown will be updated on the progress.

More details are provided below:

1) PnP letter

https://drive.google.com/file/d/1cczagzb0-IIdKR2PZxeOs1BYW9KUzWC3/view

2) FAQs

https://drive.google.com/file/d/1OerGZMPTzYx8IigP-hTibrJwClA3BGv7/view?usp=sharing

Do contact [email protected] for your enquiries.

Thank you

Litigation Committee

(Stephen Lim, Johnson Zheng, Simon Sim, Max Sze, Francis Teo and Lee Eng)
 
Female CEOs are fucked-up since history. They always let their emotions rule over rationale.
 
Seems like many of these female CEOs who were puffed up by the fawning media as feminist role models have fallen from grace. :biggrin:
Whore junx dishing out favours to her friends at the expense of investors.
 
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