SINGAPORE-BASED Dimbulah Coffee is set to exit three of its dozen-odd outlets by May 1, amid liabilities of S$4.4 million as of end-2020, The Business Times (BT) has learnt. The coffee chain's operator, CW2001 Pte Ltd, has filed for restructuring and was recently granted a two-month debt stay against creditors.

The operator fell behind on rental payments with its landlords, with arrears of under S$800,000 as at end-February, according to multiple sources. Two landlords, Raffles Hospital and Royal Group Holdings, filed lawsuits against it in March.

The three outlets that the coffee chain will cease operations at are Raffles Hospital, Sofitel So at 35 Robinson Road and the office building 18 Robinson Road. The landlords of Sofitel So and 18 Robinson Road are Royal Group and Tuan Sing Holdings unit Superluck Properties respectively.