Olivia Lum

In March, an independent director of Hyflux was also charged after being arrested in Malaysia.

MAS is “actively studying” investor compensation

DBS Bank was also probed for its role as issue manager in Hyflux's 2011 fundraising but no further action will be taken

Here's what investors can learn from the Hyflux saga.

We revisit the saga of the one-time stock market favourite, water treatment group Hyflux, and draw lessons from it.

SINGAPORE (Apr 29): Debt-laden water company Hyflux has been given a month’s extension on its debt moratorium, instead of the three months it applied for.

(Apr 11): Olivia Lum is running out of time to save the company she spent a lifetime building.

SINGAPORE (Mar 27): Embattled Singapore water treatment company Hyflux’s survival is looking shakier as disagreements with its rescuer deepen.

SINGAPORE (Feb 16): Hyflux said its chief executive officer Olivia Lum volunteered to contribute her entire stake of 267 million shares and other securities in the embattled water-treatment company as part of a restructuring plan.

SINGAPORE (Feb 15): Olivia Lum, chairman and CEO of Hyflux, expressed regret that the water company she founded had imploded in such a spectacular manner that it required a bailout.