For subscribers
Ministry of Food winding up, failed to pay debt of $200,000
Sum was friendly, interest-free loan; liquidator aware of separate $4.8m claim against the company
Sign up now: Get ST's newsletters delivered to your inbox
Ministry of Food founder Lena Sim at one of her restaurants in a 2019 file picture. In an interview with The Straits Times around March last year, she blamed the declining business on the coronavirus pandemic and a Mareva injunction freezing her assets of up to a value of $4.8 million, which led to a lack of funds to pay rent and staff wages.
PHOTO: IQBAL FAIZAL
Home-grown restaurant chain Ministry of Food is winding up after failing to pay a debt of $200,000.
The sum was a friendly, interest-free loan from Mr Chua Ngak Hwee to the company in 2019.
