The Business Times
business-time-50

Stickies Bar enters interim judicial management amid claims of unpaid wages

google-preferred-sourceAdd BT as a preferred source
Renald Yeo

Renald Yeo

Published Wed, Jan 24, 2024 · 12:14 PM
    • Stickies had four outlets in Singapore until recently. Two are permanently closed as of Jan 15.
    • Stickies had four outlets in Singapore until recently. Two are permanently closed as of Jan 15. PHOTO: RENALD YEO, BT

    NIGHTLIFE operator Stickies Bar entered into interim judicial management on Wednesday (Jan 24), amid allegations of unpaid wages from current and former employees.

    The Business Times understands that Stickies’ chief executive Norman Then has named Farooq Mann, founder and director of accounting firm Mann & Associates, as interim judicial manager.

    Mann confirmed his appointment with BT. The firm, appointed on Wednesday (Jan 24), is now consolidating Stickies’ various liabilities.

    Singapore SMEsSingapore F&BNightlifeWagesInsolvencySpotlight

    TRENDING NOW

    The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.

    Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    The company says the disputes do not cast significant doubt on its viability as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    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