Home-Fix finds itself in a financial fix

Singapore

HOME-Fix is pulling the shutters down on all its retail stores in Singapore by the end of this week, marking the end of the brick-and-mortar presence of one of Singapore's well-known consumer brands.

This comes as the home-improvement retail company undergoes interim judicial management, while facing some S$19.8 million in liabilities on its books.

A creditors' meeting held on Tuesday attracted more than 70 people, including suppliers and landlords. Creditors who spoke to The Business Times on condition of ano…