SINGAPORE – Catalist-listed ST Group Food plans to liquidate its loss-making subsidiary in the UK, GCTea Outlets 2B, which operates a food and beverage outlet under the Gong Cha brand in the country. PappaRich, Ippudo, and Hokkaido Baked Cheese Tart are other brands owned or franchised by the Australia-based company. “It has been determined that it…
[SINGAPORE] Catalist-listed ST Group Food plans to liquidate its indirect subsidiary in the UK, GCTea Outlets 2B, which operates a food and beverage outlet under the Gong Cha brand in the country. This comes amid the Australian-headquartered company’s plans to exit from the Gong Cha brand in the UK, as the unit has been loss-making…
‘Best dumplings in Brisbane’ saved despite liquidation The Advertiser Read the original article here
Key drug maker files Chapter 11 bankruptcy plans liquidation TheStreet Read the original article here
The number of corporate bankruptcies observed between 2020 and 2021, at the height of the COVID-19 pandemic, was particularly low. While 51,145 insolvency proceedings (receivership or liquidation) were recorded in 2019, there were only 31,217 in 2020, and just 27,582 in 2021. The support measures for businesses that were swiftly put in place during the…
It is understood that 16 of the company’s staff will lose their jobs as a result. Since its launch in 2012, Proof & Company Spirits has been instrumental in the development of the Singapore and Asia Pacific hospitality sector through its distribution of independent spirits in the region. In an online statement, a spokesperson for…
The first quarter of 2025-2026 (April to June) saw corporate insolvencies in Scotland rise by 17.3% year-on-year, totalling 332. The new figures come from Accountant in Bankruptcy, Scotland’s insolvency service, which showed that there was a quarter-on-quarter increase of 12.9% corporate insolvencies, with the last quarter of 2024 having 294 total insolvencies. Personal insolvency numbers…
Insolvency pressure mounts on Scottish firms insider.co.uk Read the original article here
The course is designed to provide participants with both foundational knowledge and practical insights into India’s insolvency framework, with focused modules on valuation, liquidation, cross-border insolvency, distressed asset markets, and more. About the RGNUL, Punjab The Rajiv Gandhi National University of Law (RGNUL), Punjab, was established by the State Legislature of Punjab. The Act incorporated…
Business Liquidation Service Market HTF MI just released the Global Business Liquidation Service Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study’s segmentation…