Also: Temasek to write down US$275 million investment in cryptocurrency exchange FTX
Lum received two additional charges, including over failing to ensure that Hyflux made disclosures required under the accounting standards for its financial statements.
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“It is apparent from this investment that perhaps our belief in the actions, judgment and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek said about the FTX founder.
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Two of the projects will be in Queenstown and the other will be in Kallang/Whampoa.
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Footage shared by local authorities showed residents in a village in wading through floodwaters as they awaited transfer to a nearby rescue centre.
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The short but revealing Xi-Trudeau exchange highlighted tensions between China and Canada, running high since the detention of Huawei Technologies executive Meng Wanzhou in 2018 and Beijing's subsequent arrest of two Canadians on spying charges.
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