What liquidation of SG's troubled water treatment firm Hyflux can teach entrepreneurs

What liquidation of SG's troubled water treatment firm Hyflux can teach entrepreneurs

People gather during a protest on Hyflux Ltd. debt restructuring plan in Singapore on March 30. Photographer: Bryan van der Beek/Bloomberg

Troubled water treatment company Hyflux will finally go into liquidation now that a court has approved an application for winding up the company, marking the end to a charismatic founder’s once high-flying startup.