Maybank want Hyflux jitao pay back $509 millions but Ms Lum say got Middle East abang pong chong her $400 millions means what ??

[rambo22]

https://www.straitstimes.com/business/companies-markets/maybank-demands-509m-payment-from-hyflux

Maybank demands $509m payment from Hyflux

Troubled water treatment company Hyflux is in talks with a new white knight investor - one that may provide Hyflux with $400 million.

Hyflux called the potential white knight in an exchange filing on Thursday (April 25) "a developer and owner of water and power utilities based in the Middle East

 

[nayr69sg]

Means it is all smoke and mirrors lah. No middle east champion lah. Fake.

 

[wontonmee]

Means it is all smoke and mirrors lah. No middle east champion lah. Fake.

Who is Highfuck clown lawyer? Indian?

 

[rambo22]

then is lying to the judge

 

[ftan42]

Is it the biggest amount you owns to the bank, the bank is more lenient let you extend and delay payment, but if amount is small such as credit card, they straight away issued you with layer lawyer letter demands payment.

 

[garlic]

One maybank kena owe 500m... gotta hand it to Lum..

 

[congo9]

Olivia LUM is the liar here.
Maybank ask for money amounting of $500million. LUM say there is another rich man showing her $400 million for Hyflux.

Which rich man is so stupid to buy Hyflux now? They may wait for the company to close down. Maybank is the in fix now.

 

[laksaboy]

Maybank harimau wants its pound of flesh!

 

[rambo22]

Means it is all smoke and mirrors lah. No middle east champion lah. Fake.

Olivia LUM is the liar here.
Maybank ask for money amounting of $500million. LUM say there is another rich man showing her $400 million for Hyflux.

Which rich man is so stupid to buy Hyflux now? They may wait for the company to close down. Maybank is the in fix now.

High Court to extend Hyflux’s debt moratorium until end of May; Maybank issues letter of demand over $509mil payments

but our High Court believe in her what

 

[congo9]

Is it the biggest amount you owns to the bank, the bank is more lenient let you extend and delay payment, but if amount is small such as credit card, they straight away issued you with layer lawyer letter demands payment.

Yes. Maybank is fuck anyway.

 

[congo9]

That's why those who plans bankruptcy must plan well ahead. Look at LUM, she got away.

You think she's going to pay Maybank.

 

[syed putra]

https://www.straitstimes.com/business/companies-markets/maybank-demands-509m-payment-from-hyflux

Maybank demands $509m payment from Hyflux

Troubled water treatment company Hyflux is in talks with a new white knight investor - one that may provide Hyflux with $400 million.

Hyflux called the potential white knight in an exchange filing on Thursday (April 25) "a developer and owner of water and power utilities based in the Middle East

If you delete the " based in the middle east" bit, it sounds like YTL.

 

[garlic]

Let's see if i can get this right, PUB takes over, run it for awhile, then voila! becomes temasek's asset via cheap takeover.. perhaps that is why PUB die die wanna take over at $0... all the higher-ups get fat pay when balance sheet becomes inflated.. the peasants kena screwed out of their savings... Temasek profts/assets soar, makes for very good print..

 

[syed putra]

Let's see if i can get this right, PUB takes over, run it for awhile, then voila! becomes temasek's asset via cheap takeover.. perhaps that is why PUB die die wanna take over at $0... all the higher-ups get fat pay when balance sheet becomes inflated.. the peasants kena screwed out of their savings... Temasek profts/assets soar, makes for very good print..

PUB cannot anyhow takemover the asset. Just the operations.
Reason they take over the operations is because hyflux may have run out of cash to sustain the operations. May disrupt entire water supply chain.

 

[garlic]

PUB cannot anyhow takemover the asset. Just the operations.
Reason they take over the operations is because hyflux may have run out of cash to sustain the operations. May disrupt entire water supply chain.

No leh..says here takeover the plant, also implying taking over the debts mah... "The agency had also said it is willing to waive the compensation sum it is entitled to under the agreement, and purchase the desalination plant at zero dollars."

Separately, "When asked about its plans to finance its takeover of Tuaspring, PUB said it is currently focused on putting in place "necessary measures and upgrading works to ensure that Tuaspring Desalination Plant is able to produce desalinated water reliably"."

Maybe that's where Temasick comes in?

https://www.channelnewsasia.com/new...esalination-plant-termination-notice-11453930

 

[Scrooball (clone)]

Olivia Lum now offering to get paid $1 salary.

I’ve seen how ceos of embattled companies do this kind of publicity gimmick. But they conveniently left out their stock options, dividends on top of their $1 salary.

And that.... is how the rich get richer!