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oBike users unlikely to get back deposits, as firm undergoes liquidation
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oBike announced on June 25 that it was ceasing operations in Singapore, saying it foresaw difficulties in meeting upcoming Land Transport Authority licensing requirements.
PHOTO: ST FILE
Adrian Lim
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SINGAPORE - With bicycle-sharing operator oBike now in liquidation in Singapore, the chances for users to get a refund of their deposits are slim, say lawyers.
It is unclear how many people have unreturned deposits - up to $49 - which they placed with oBike to rent its two-wheelers, although some 260 customers have lodged complaints with the consumer watchdog against oBike so far this year.
