Bankruptcy/Liquidation

Former Cathay cinema operator mm2 Asia gets more time to seek backing for debt restructuring

The High Court on Sept 18 gave the two companies permission to hold meetings with creditors to consider their repayment proposals, said mm2 Asia.

Former True Fitness, True Yoga workers attend job-matching session after chains’ sudden closure

The event, held at the Devan Nair Institute for Employment and Employability on Sept 17, drew close to 40 attendees.

The Usual Place Podcast

Watch: After True Fitness closure, should pre-paid package limits be put on gyms and spas?

Forum: Hold directors personally liable if prepayments taken during financial distress

PGA Tour not considering return program for LIV players

FILE PHOTO: FILE PHOTO: Golf - LIV Golf Invitational - London - Centurion Golf Club, St Albans, Britain - July 5, 2023 General view of the 18th hole at the Centurion Golf Club Action Images via Reuters/Paul Childs/File Photo/File Photo

Popular bakery Baker’s Brew, now known as BB Atelier, goes into liquidation

Baker’s Brew was rebranded as BB Atelier in late 2025. Manila-based creative boutique Studio After Six shared on Instagram in July that it had worked on the bakery’s rebranding.

True Fitness and True Yoga to shutter; customers report losses of more than $609,000

The True Singapore Group has recorded substantial losses and net liabilities exceeding HK$400 million (S$64 million).

LIV Golf wins interim court approval to access $17.8 million in bankruptcy financing

LIV Golf filed for Chapter 11 protection in New Jersey on Sept 8, beginning a court-supervised restructuring process.

Rory McIlroy predicts player exodus after LIV files for bankruptcy protection

Six-time Major champion Rory McIlroy of Northern Ireland has long been a critic of LIV Golf.

LIV Golf files for Chapter 11 bankruptcy in New Jersey

FILE PHOTO: Golf - LIV Golf Invitational - London - Centurion Golf Club, St Albans, Britain - July 5, 2023 General view of the 18th hole at the Centurion Golf Club Action Images via Reuters/Paul Childs/File Photo

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.