I seized the opportunity to fulfill Olivia lum dream when the time came. My approach is very hands-on and I am involved in the day-to-day operations of the company. With time, the communication avenues, common processes, and management systems that are being developed will be integral in transmitting our vision, mission, and shared beliefs and values to our entire staff across the different markets.
The business grew rapidly and a little more than a decade later, Hyflux became the first water treatment company to be listed on SESDAQ in January Through the years, Hyflux has established an impressive track record in the designing, building, supply, operation and maintenance of purpose-built water treatment and liquid separation plants, using advanced membranes for a diverse portfolio of industrial,municipal and governmental clients.
These qualities and values of Hyflux are critical as they have defined us and helped us win contracts and deliver projects in Singapore and other parts of Asia such as China and India, and in the Middle East and North Africa. We approach projects in a couple of ways: As such, we view corporate and social responsibility CSR as essential to how we operate and how we behave as a corporate body, and to the success and sustainability of our business.
Lum started corporate life as a chemist with Glaxo Pharmaceutical. The entrepreneurial spirit was ingrained and I always knew that I would start my own business. During that time, Ms Lum rode a motorbike from Jurong to Batu Pahat, knocking on factory doors to sell her water filters and softeners.
How have you retained the innovation edge as the company has grown in size and scale? What was your vision for Hyflux when you created the company and what made you feel there was opportunity for the business?
We were pioneers in the NEWater recycling of wastewater for reuse technology and desalination in Singapore.
Hyflux provides solutions in seawater desalination, water recycling, wastewater treatment, and potable water treatment for the municipal and industrial markets. We have a flat structure so decisions can be made quickly.
A lot of my time is spent speaking with my management team. She came to Singapore at the age of 15 and enrolled at the Tiong Bahru Secondary School, where she supported herself through tutoring and sales jobs. Hyflux is a company with a strong set of values. Hyflux sees itself as providing reliable, long-term solutions to the challenges of water scarcity and water pollution that these countries face.
Our membrane products and systems are also used for treating wastewater generated by industries in their production processes.
This process, of course, takes a long time. While working at Glaxo, I was looking into wastewater treatment.
I saw how companies faced challenges treating the wastewater from their production processes. Chief financial officer Lim Suat Wah revealed that the idea of seeking court protection was not on the table even when the company reported further losses for the first quarter in early May.With Hyflux granted a six-month moratorium that will last until mid-December, founder-CEO Olivia Lum said on Thursday (Jul 19) the management is working hard to keep the company afloat to ensure.
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Olivia Lum on Forbes. Her water-treatment firm, Hyflux, is facing rough weather with time and cost overruns at its Tuas plant,Founder: B. C. Forbes. Olivia Lum (Photo by Shinya Sawai) A quarter century has passed since Lum quit her old job to launch her own company.
Hyflux has since grown into a major company with 2, employees and a market. "We still have to do our utmost to ensure that the company stays viable," said Ms Lum in her first media appearance since Hyflux filed for court protection to reorganise its debts in May.
Read. Founding of Hyflux. InOlivia Lum, a chemistry graduate from the National University of Singapore, left a promising career at Glaxo Pharmaceutical to fulfil her dream to set up her own business.Download