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Singapore — homegrown cafe chain bakerzin, which went into liquidation on friday (oct 16), owes creditors more than s$41 million The company owed creditors over s$41 million. Of this, close to s$40 million is owed to its parent company,.

Information on acquisition, funding, investors, and executives for bakerzin Bakerzin holdings pte ltd, a homegrown cafe chain specializing in desserts, went into liquidation on october 16, 2020 Use the pitchbook platform to explore the full profile.

Bakerzin showing you page 1 of 1 with 1 stories on bakerzin homegrown cafe chain bakerzin goes into liquidation after 22 years, owes creditors some s$41m

Bakerzin didn’t challenge any assertion on this closure on its fb web page (its final put up was dated on 30 september) and its web site is now not operational Earlier this monday (october 5), bakerzin additionally issued discover of a creditor’s assembly for the aim of winding up. Let me try to clarify that bakerzin do not actually owe that much money The 39 million plus is own to its owner related company itself

Bakerzin owner or related party owner is actually pacific united holdings, who it claimed that bakerzin owned them 39+ million. Join the conversations on thg’s facebook and instagram, and get the latest updates via telegram.

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