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Hyflux group sues former auditor KPMG over alleged contract breach

Logo The Business Times
The Business Times
By Tay Peck Gek

HYFLUX and 35 companies in its group have lodged a lawsuit pre-emptively against their former independent auditor KPMG alleging breach of contract, and possibly pursuing claims that would include over S$400 million in dividends the company paid out between 2010 and 2018.

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