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(10-02-2022, 07:50 PM)pinkypanther Wrote: No Signboard has closed all three of its Singapore outlets for Korean fast food chain Mom’s Touch. The F&B group announced on its social media platforms that it has “ceased operations at all outlets with effect from today, 10 Feb 2022”.
It brought in the brand in 2019 with an outlet at Paya Lebar Quarter. Mom’s Touch later expanded to two other outlets at The Centrepoint and Bedok’s Eastwood Centre.
Mom’s Touch had operated under No Signboard’s subsidiary Hawker QSR, which also ran a string of currently defunct hawker-inspired fast food eateries. The Business Times reported today (Feb 10) that Hawker QSR is pursuing creditors’ voluntary liquidation to wind up, as it can no longer sustain its operations due to its liabilities.
Voluntary liquidation happens when a financially struggling company opts to end its business and sell off assets to pay its debts.
More at https://shrtco.de/ejzqY
This is what the pandemic can do to the food business.....so sad.........
(This post was last modified: 10-02-2022, 08:02 PM by
debono.)
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Thank you, PAP.
You have done well.
Hope to see more of them close down.
So that more FTs can come in next time.
Why do we need 5 Mayors and 80 PAP Ministers?
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(10-02-2022, 08:00 PM)Ola Wrote: Thank you, PAP.
You have done well.
Hope to see more of them close down.
So that more FTs can come in next time.
I sense there is sarcasm in your thread.......
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Guess their food must be really fugg type
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
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RIP...
I am just a tiny plankton in the ocean.
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