A retail investor in Hyflux said that the government gave a poison pill to Hyflux. I asked him to explain his remarks.
He said that the government asked for tender for the Tuaspring project. It comprised a water desalination plant and a power generation plant.
If there was already an overcapacity in power generation, why did the government asked any party (Hyflux or others) to submit a tender for this project? Is it not giving them a poison pill?
https://tklcloud.com/Feedback/feedback2.aspx?id=1188
He said that the government asked for tender for the Tuaspring project. It comprised a water desalination plant and a power generation plant.
If there was already an overcapacity in power generation, why did the government asked any party (Hyflux or others) to submit a tender for this project? Is it not giving them a poison pill?
https://tklcloud.com/Feedback/feedback2.aspx?id=1188
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