The Business Times
business-time-50
SGSME logo

Home-Fix to be wound up as Covid-19 dashes plans of revival

Hardware firm unable to offer home repairs, training courses due to circuit breaker; online sales not enough to sustain it

google-preferred-sourceAdd BT as a preferred source
Tay Peck Gek

Tay Peck Gek

Published Fri, Jun 26, 2020 · 09:50 PM

    Singapore

    HARDWARE firm Home-Fix, which was forced to shutter all its retail stores in Singapore last December amid financial woes, will now be wound up for good, despite six months of debt restructuring and plans to revive itself in a different form.

    It had its application to wind up - filed by its judicial manager - approved in a hearing at the High Court on Friday.

    TRENDING NOW

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Ohmyhome (BVI) is the holding company of Ohmyhome Singapore and its subsidiaries, which provide real estate services in Singapore and Malaysia.

    Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses

    Sean Chiao joined Surbana Jurong as group CEO in April 2023.

    Surbana Jurong group CEO Sean Chiao to step down; search for successor under way

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More