On Jan 23, Justice Chionh Sze Chyi ordered privately held operator Tipsy Bird to be wound up following a winding-up application filed by United Overseas Bank.
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Tipsy Unicorn. Photo courtesy of Sentosa Development Corporation |
Court documents reviewed by The Straits Times show that UOB is seeking to recover more than SGD96,000 (US$76,000) in debt plus interest from Tipsy Bird.
The liquidators indicated that this may not represent the company’s full liabilities.
“The directors of the company have not come forward to apprise the liquidators of the affairs of the company,” the liquidators said, adding that this remained the position as at Feb. 16.
Tipsy Bird operated Tipsy Unicorn Beach Club at 36 Siloso Beach Walk. The liquidators added…