Hyflux trial as it happened: Prosecutors lay out case against founder Olivia Lum, ex-CFO and directors
Olivia Lum and five others face charges over Hyflux's failure to disclose information about the Tuaspring integrated water and power project.
Hyflux founder and ex-CEO Olivia Lum arrives at the State Courts on Aug 11, 2025. (Photo: CNA/Jeremy Long)
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SINGAPORE: The trial of former Hyflux CEO Olivia Lum and five others begins on Monday (Aug 11), with prosecutors laying out their case on the company's alleged failure to disclose information about the Tuaspring integrated water and power project.
The project was central to the water treatment firm's financial troubles, resulting in massive losses for tens of thousands of investors.
The trial comes nearly three years after they were charged - the culmination of a dramatic downfall for Hyflux, which was once seen as among Singapore's most successful companies.Â
Lum now faces a months-long trial, along with former chief financial officer Cho Wee Peng and four independent directors.
Catch up on the morning's court proceedings.
