Robinsons' liquidators get creditors' nod

KordaMentha to undertake winding-up of firm; payment to creditors set to take place between April and June 2021

Robinsons has begun closing its remaining two stores - at The Heeren (above) and Raffles City Shopping Centre. Another outlet at Jem mall was closed in August. ST FILE PHOTO
Robinsons has begun closing its remaining two stores - at The Heeren (above) and Raffles City Shopping Centre. Another outlet at Jem mall was closed in August. ST FILE PHOTO
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Creditors of insolvent department store Robinson & Company have confirmed the appointment of liquidators as the firm begins closing its last two stores - at The Heeren and Raffles City Shopping Centre.

More than half of the 440 creditors who are owed at least $31.7 million attended an online meeting yesterday and appointed corporate advisory and restructuring firm KordaMentha's Mr Cameron Duncan and Mr David Kim to undertake the process of winding up the firm.

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A version of this article appeared in the print edition of The Straits Times on November 27, 2020, with the headline Robinsons' liquidators get creditors' nod. Subscribe