Aqua Munda appoints Singapore's ambassador to Kuwait as director

He was formerly the Senior Minister of State for Foreign Affairs until 2011.

Aqua Munda, one of the investors offering to buy a portion of Hyflux’s debts, is appointing Singapore’s non-resident ambassador to Kuwait, Zainul Abidin bin Mohamed Rasheed, as non-executive director, according to a press release.

Zainul is also currently a corporate advisor to Temasek International. Formerly, he was a Member of Parliament from 1997 to 2011, and served as Singapore's Senior Minister of State for Foreign Affairs from 2006 to 2011.

At the same time, the investor is appointing Rashed Mubarak Alhajeri as a non-executive director. Alhajeri was most recently the chairman of UAE-based Agthia Group and Alfoah Company from 2004 to 2014.

He was also Abu Dhabi’s Department of Municipal Affairs from 2008 to 2011, and served as chairman of the Department of Civil Service and an Executive Director at the Abu Dhabi Investment Authority (ADIA) from 1994 to 2004.