Look Back 2019: Woeful year for these firms, people

Honestbee co-founder Joel Sng stepped down as chief executive in May, after the company suspended overseas operations as well as its food delivery and laundry services in the wake of cash-flow issues.
Honestbee co-founder Joel Sng stepped down as chief executive in May, after the company suspended overseas operations as well as its food delivery and laundry services in the wake of cash-flow issues. PHOTO: HONESTBEE
Choo Yun Ting
Business Correspondent
Updated
Dec 30, 2019, 10:27 AM
Published
Dec 30, 2019, 05:00 AM
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Embattled water treatment firm Hyflux's struggles to find a white knight investor finally concluded last month, when it came to an agreement with United Arab Emirates utility company Utico, after an earlier rescue deal with Indonesian consortium SM Investments fell through in April.

The Straits Times takes a look at the companies and individuals that had a difficult 2019.

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A version of this article appeared in the print edition of The Straits Times on December 30, 2019, with the headline Woeful year for these firms, people. Subscribe

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