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S'pore business casualties of 2020: Wirecard Singapore said to be looking for a buyer

Singapore had its fair share of corporate drama this year, with established names such as Wirecard, Hin Leong and Hyflux suffering a drastic turn of fortunes. Where are they now, and what's next for them?

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The remaining workforce have been lending support to Wirecard businesses in Malaysia and Hong Kong.

PHOTO: ST FILE

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SINGAPORE - Wirecard Singapore has lost a third of its staff two months after the authorities here forced the digital payments company to cease its core business activities amid an investigation, The Straits Times has learnt.
At its peak, the company employed more than 350 people at its office on the 14th floor of Mapletree Business City, where the call centre, sales deployment team, regional commercial team and project management office are located.
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