Liquidation
Nanyang Optical plans to enter into voluntary liquidation after 65 years; will close 4 of 6 stores
The eyecare chain’s remaining two stores, which are under franchise arrangements, will continue operating and are unaffected
Autobahn group fallout tightens private-hire car financing, but COE premiums unlikely to fall
Increased scrutiny by banks and finance companies may not have a big impact on the larger, market-moving players
Chinese builder Jingrui ordered to liquidate by Hong Kong court
The liquidation order underscores the perils developers continue to face as China remains mired in a deep property slump
260 workers receive S$600,000 in salary relief after their firms were wound up
The short-term relief fund is meant for employers unable to pay salary arrears due to business failure
Twelve Cupcakes owes over S$1m to creditors; workers may get Oct salary in Q1 2026
Liquidators hope to pay October salaries for 80 staff in early 2026, subject to asset recoveries
Art Works collapse: Experts cite red flags in Singapore art investment firm’s promises
Guarantees of 6% return and ‘safe-haven’ asset claims were warning signs, as investors now fight to recover their belongings
mm2 Asia seeks High Court moratorium amid doubts over entertainment group’s continued operations
It has applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it
‘We don’t deserve this’: Twelve Cupcakes staff gather to seek recourse on salaries, CPF contributions
MOM investigating company’s non-payment of salaries and other potential breaches of the Employment Act
‘Unacceptable and unfair’: Union raps Twelve Cupcakes for abrupt closure, axing of 80 workers
The Food, Drinks and Allied Workers Union says it was not given advance notice even though the company was unionised
mm2 Asia seeks another 90-day extension for AGM
More time is needed, given the liquidation of its cinema operations and audit delays, says the entertainment company
