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Accounting and Corporate Regulatory Authority

CAD, MAS and ACRA Commence Joint Investigation into Hyflux

Audience

Businesses

Corporate service providers (CSPs)

Public

News Topic

Enforcement and penalties

Category

Press release

2 June 2020

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

The Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) have launched a joint investigation into Hyflux Ltd  and its  current and former directors for suspected false and misleading statements and breaches of disclosure requirements under sections 199, 203 and 253 of the Securities and Futures Act (Cap. 289), as well as non-compliance with accounting standards under section 201 of the Companies Act (Cap. 50).

Download the press release (opens in new tab) (PDF, 119KB) for more information.