OG: Olivia received >$60m in dividends when hyflux losses $115m
#11
11-2-2019 10:01 AM
JungleSurvival said:
On one hand, she says she pity those retirees who lose alot of their life-savings in Hyflux bonds, on the other hand, she took so much money from the company that cause an even higher lost. WTF!!!

She takes million, PUB is making billion profit..only Hyflux is making loss and the 34,000 Singaporean families lose all their $900m retirement savings and CPF
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#12
Please lah, bond holders, directors and the company are seperate entities. The ailing company's failures and bond holders' misfortunes do not mean the boardroom does not get paid. It is their fault for not performing when the board's KPI has been met and outperformed.
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#13
From hero to zero
From Best entrepreneur and poster girl* for this and that to ??
Simply put, Hi Fok died because of mismanagement
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#14
If hyflux never gave that div, minor shareholders would have got even less back.
Stop trying to calm the storm. Calm yourself, the storm will pass.
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#15
I suspect shareholders, preference shareholders and perpetual securities holders get nothing after the sales goes through.
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#16
11-2-2019 10:01 AM
JungleSurvival said:
On one hand, she says she pity those retirees who lose alot of their life-savings in Hyflux bonds, on the other hand, she took so much money from the company that cause an even higher lost. WTF!!!

Say only. Action speaks louder than words! Big Grin
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#17
If happened in US class action suits will be filed against the co by shareholders
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#18
You mean she self declare dividend? The other shareholders didn't receive meh?
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#19
11-2-2019 10:21 AM
cowrider said:
You mean she self declare dividend? The other shareholders didn't receive meh?

But Olivia's dividends amount to $60 million, and if these money were to plough back into the ailing company, then the borrowings will be much reduced........ Big smile Big smile Big smile
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#20
11-2-2019 10:20 AM
smarty said:
If happened in US class action suits will be filed against the co by shareholders

Here shareholders has no guts. All coop up in WhatsApp and complain among themselves Rolling on the flor laughing
It’s just one big farking world for one human kind.
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