Oct 16, 2020 · SINGAPORE — Homegrown cafe chain Bakerzin, which went into liquidation on Friday (Oct 16), owes creditors more than S$41 million.

Bakerzin Holdings Pte Ltd, a homegrown cafe chain specializing in desserts, went into liquidation on October 16, 2020. The company owed creditors over S$41 million.

Oct 17, 2020 · Bakerzin also owes other creditors such as The Central Provident Fund Board, The Ministry of Manpower Services Centre and The Inland Revenue Authority of Singapore …

Oct 16, 2020 · Wow 41Millions. How on earth a cafe chain chalked up so much debt? Even after liquidation, the creditors will not be able to get back much of the money ... this is going to …

Oct 19, 2020 · Homegrown cafe chain Bakerzin closes its doors after 22 years, accumulating more than S$41 million in debt to creditors and ex-staff. #bakerzin

Oct 9, 2020 · At Bakerzin’s peak, the restaurant chain has an annual turnover of approximately S$14 million. Without any statement on its closure, Bakerzin had, however, issued a notice for …

SINGAPORE — Homegrown cafe chain Bakerzin, which went into liquidation on Friday (Oct 16), owes creditors more than S$41 million. Of this, close to S$40 million is owed to its parent …