Hyflux founder Olivia Lum’s criminal trial closes after 59 weeks

Verifying
  • Hyflux founder Olivia Lum’s criminal trial ended after proceedings over the company’s collapse.
  • 34,000 investors lost a combined $900 million in Hyflux perpetual securities and preference shares.
  • The defence will indicate on Oct 21 whether it will submit a no case to answer.
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