ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, ...
Read More »Singapore water debacle risks 90% losses for investors
Bloomberg The catastrophic slump of Singapore’s much-vaunted water and power company, Hyflux Ltd., has stunned 34,000 retail investors who were lured by the promise of a 6 percent annual return forever from a company that seemed to have a gold seal of government approval. At the heart of the debacle is Tuaspring, a desalination and power plant that cost S$1.1 ...
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