Not-so Flippin’ Fun: Lockdown Debt, Lease Dispute, Recession Blamed for Liquidation

Not-so Flippin’ Fun: Lockdown debt, lease dispute, recession blamed for liquidation

A trampoline park’s troubles have been blamed on the recession, Covid-19 lockdowns and a dispute with a landlord. But its liquidator hopes someone will buy...

S’pore sees higher no. of compulsory liquidations in H1 2025 as more bizs fall into debt

A growing number of businesses are going belly up in Singapore, with more companies going through compulsory liquidation in the first half of 2025, surpassing figures from the past five years. Compulsory liquidation is a legal process where a company is forced to wind up, usually initiated by creditors through a court order, due to the company’s inability to pay its debts. Its assets will then be sold off to repay outstanding liabilities, and th…